Following WeWork's warning that it could be headed for bankruptcy, FOX Business gives a timeline of the long-suffering co-working company's years of troubles.
There were other factors like investors treating it like a tech stock rather than real estate and wasteful spending, but companies moving to telework really killed it.
Yeah weren’t they doing all this weird things to try and become the next big tech company even though their whole business model is essentially leasing?
Perfect example of a company that tried to go too big
It sure did. Interesting model, but just not quite right.
There were other factors like investors treating it like a tech stock rather than real estate and wasteful spending, but companies moving to telework really killed it.
Yeah weren’t they doing all this weird things to try and become the next big tech company even though their whole business model is essentially leasing?
Perfect example of a company that tried to go too big
I feel like they did that because a real estate leasing company would probably have a stricter dress code than a tech startup