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Can WeWork survive its botched IPO? / Nicole Borgenicht.
- Format:
- Book
- Author/Creator:
- Borgenicht, Nicole, author.
- Series:
- SAGE Business Cases.
- SAGE Business Cases
- Language:
- English
- Subjects (All):
- Neumann, Adam.
- WeWork--Case studies.
- WeWork.
- Going public (Securities)--Case studies.
- Going public (Securities).
- Corporations--Finance.
- Corporations.
- Physical Description:
- 1 online resource : illustrations.
- Other Title:
- Can WeWork survive its botched initial public offering?
- Place of Publication:
- London : SAGE Publications: SAGE Business Cases Originals, 2020.
- Summary:
- This case covers WeWork's 2019 failed initial public offering and the resignation of its CEO, Adam Neumann. Once considered a potential industry disruptor, WeWork's valuation dropped quickly from USD 47 billion to USD 7 billion after mounting scrutiny concerning its corporate governance and financial losses. After restructuring leadership and receiving an investment bailout from the Japanese conglomerate SoftBank, WeWork is still struggling to turn a profit as it plans for significant layoffs and a revised growth plan.
- Notes:
- Description based on XML content.
- ISBN:
- 1-5297-2946-7
- 9781529729467
- OCLC:
- 1141306590
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