WeWork Collapse - How Andy Neumann Destroyed WeWork - Bad Ideas

Bad Ideas Podcast

English - March 20, 2020 15:12 - 32 minutes - 44.4 MB - ★★★★★ - 19 ratings
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Why did WeWork collapse? Well Andy Neumann's company would end up crashing and giving him the biggest golden parachute of all time. WeWork built itself into a massive hole of liability and debt while paying huge amounts of cash to purchase unrelated companies. When their S1 filing showed how much they were losing, the company went into freefall. Thousands are being laid off. It is only a matter of time before the complete collapse happens.

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