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The WeWork Story Part 6: IPO...Just Kidding

For more episodes:    • Foundering: The WeWork Story   Part 6: IPO...Just Kidding WeWork had spent nine years chasing lightning-fast growth, burning billions of dollars, and expanding around the world. In 2019, the company reached a turning point: WeWork needed even more cash, and Adam Neumann decided to take his company public with a massive IPO. But suddenly, in the span of a few weeks, his plan crashed spectacularly. The almost-IPO flopped and WeWork became a laughingstock. In this episode, reporter Ellen Huet asks: How did the company's fortune flip so fast, and why didn't they see it coming? For more Bloomberg Podcasts, visit http://www.bloomberg.com/podcasts Subscribe to Foundering on: Apple Podcasts https://podcasts.apple.com/us/podcast... Spotify https://open.spotify.com/show/6hETi9o... #WeWork #Startups #BloombergPodcasts -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_... Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel QuickTake News for breaking global news and insight in an instant.