For nearly nine years, WeWork, the New York City-based co-working startup enjoyed a dream run in the global real estate market. Then, just weeks ago, came the news that shocked the world \u2013 a sudden implosion that saw the company previously estimated to be worth $47 billion reduced to a mere $7 billion.<\/p>\n
WeWork\u2019s sudden, unexpected failure is the biggest of its kind in the entire history of startups and most certainly warrants a closer look.<\/p>\n
So, let\u2019s have a look at WeWork\u2019s vision first and then we will find out what is making the startup drowning.<\/p>\n","protected":false},"excerpt":{"rendered":"
For nearly nine years, WeWork, the New York City-based co-working startup enjoyed a dream run in the global real estate market. Then, just weeks ago, came the news that shocked the world \u2013 a sudden implosion that saw the company previously estimated to be worth $47 billion reduced to a mere $7 billion. WeWork\u2019s sudden, […]<\/p>\n","protected":false},"author":10,"featured_media":33392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[689],"tags":[1211,1212,1213,1214],"class_list":["post-19089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn-from-failures","tag-wework-failed-ipo","tag-wework-failed-ipo-explained","tag-wework-is-failing","tag-wework-is-going-to-fail"],"acf":[],"yoast_head":"\n