WeWork, once valued at $47 billion, files for bankruptcy

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Flexible-office-space firm WeWork has filed for Chapter 11 bankruptcy protection, a remarkable collapse for the once high-flying startup co-founded by Adam Neumann and bankrolled by SoftBank, BlackRock and Goldman Sachs. The New York-based firm, which raised over $22 billion and was valued at $47 billion at its peak, has listed both assets and liabilities in […]

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WeWork, once valued at $47 billion, files for bankruptcy

Flexible-office-space firm WeWork has filed for Chapter 11 bankruptcy protection, a remarkable collapse for the once high-flying startup co-founded by Adam Neumann and bankrolled by SoftBank, BlackRock and Goldman Sachs. The New York-based firm, which raised over $22 billion and was valued at $47 billion at its peak, has listed both assets and liabilities in […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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