Farewell WeWork IPO, we hardly knew ye

What do you think will happen to the company now that they've shelved the IPO and their bond prices have taken a dive? Will this IPO happen in the foreseeable future? What has to change about the company structure?

From what I understand, the main obstacle were corporate governance concerns relating to Neumann's control.

What does WeWork's future look like from here?

3 Comments
 

The future is bright for Neumann not because he can keep WeWork private forever (they burn about $200k / hour), but because he's already sold enough stock to make him fantastically wealthy even if the company itself goes to zero.

 
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