This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
WeWork was just late to the defenestration party.
The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.
It’s so big: Soul searching in the Commercial Mortgage Backed Securities market.
Signs are now all over Silicon Valley and San Francisco.
The house cleaners come in, halt all new leases, dump side businesses, sell corporate jet, lay off thousands, purge “Adam’s posse” – in just two days.
Dark Side Comes to the Fore: Juul is the Second Highest Valued US Unicorn, Behind WeWork Which Crashed & Burned. Now it’s Juul’s Turn.
“They’re Going to Screw Up the Market”: Jim Cramer, on the moment-of-truth effects of the WeWork IPO.
All in next-gen corporate speak to give you the warm & fuzzies. Meanwhile, Uber hits new low, down 24% from IPO price.
The financial world has gone nuts.