Can WeWork survive its botched IPO? [electronic resource] / Nicole Borgenicht

Author:: Borgenicht, Nicole
Additional Titles:: Can WeWork survive its botched initial public offering?
Published:: London : SAGE Publications: SAGE Business Cases Originals, 2020.
Physical Description:: 1 online resource : illustrations

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SAGE Business Cases

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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.

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Electronic books

ISBN:

9781529729467 (ebook)

View MARC record | catkey: 32879415