WeWork is one of the unicorn stories of 2019.
Like many companies before the IPO, We company had to face the music. after releasing all the financials to the public, quickly everyone realised the real valuation of WeWork.
below is the WeWork’s valuation from start to today. (Source: CBInsights)
According to the recent CBInsights report
WeWork has seen a significant amount of fluctuation in news sentiment in recent years. Although sentiment is generally trending up, the company has seen a recent sharp downturn as stories have come out about a drop in SoftBank’s expected investment and potential conflicts of interest for CEO Adam Neumann.
Why WeWork failed?