The WeWork IPO fiasco of 2019, explained in 30 seconds

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The WeWork IPO fiasco of 2019, explained in 30 seconds
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Attempting to go public stirred up a lot of drama — in finances and leadership — for WeWork, the nine-year-old coworking company.

WeWork has been in turmoil since it publicly filed its IPO paperwork in August. In one month, the coworking company cut its valuation down from $47 billion to as low as $10 billion, removed its CEO Adam Neumann, and delayed its IPO indefinitely. Visit Business Insider's homepage for more stories. What just happened to WeWork? Attempting to go public this month stirred up a lot of drama — in finances and leadership — for the nine-year-old coworking company.

WeWork has been in turmoil since it publicly filed its IPO paperwork in August. In one month, the coworking company cut its valuation down from $47 billion to as low as $10 billion, removed its CEO Adam Neumann, and delayed its IPO indefinitely. Visit Business Insider's homepage for more stories. What just happened to WeWork? Attempting to go public this month stirred up a lot of drama — in finances and leadership — for the nine-year-old coworking company.

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