$47 Billion Disaster? | Rise and Fall of WeWork | BusinessProfusion
WeWork - $47 Billion Disaster? | Rise and Fall of WeWork | What happened with WeWork? | Business Case Study | BusinessProfusion
Do you know what happened with WeWork? How a company valued at $47 Billion went bankrupt? A company that had its presence in every continent around the globe. Its offices were 21st-century sleek designs with all modern amenities like private offices & suites, conference rooms, wellness centers, high-speed internet, on-site cafes with coffee stations, and free beer. It was serving the new generation of tech companies, startups, and freelancers. A company that was once valued at $47 billion is now struggling to survive. The stock price plummeted by more than 99%. And in the last quarter, the company suffered a loss of 397 million dollars and warned that it could go bankrupt. To know the story of “The Most Overvalued Startup of Recent Times”- WeWork, watch till the end.
00:00 - 01:08 Prologue
01:09 - 03:19 The Beginnings
03:20 - 05:45 WeWork's business model
05:46 - 07:16 Shaking Business
07:17 - 09:50 End Game
📺 Watch the entire video for more information!
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