In the initial Chapter 11 filing, WeWork reported total debts of about $18.5 Billion against just $15 Billion in assets - giving them a negative equity value of around $3.5 Billion. #wework #bankruptcy Full Video: https://youtu.be/uPShdzc1OVE
In the initial Chapter 11 filing, WeWork reported total debts of about $18.5 Billion against just $15 Billion in assets - giving them a negative equity value of around $3.5 Billion. #wework #bankruptcy CNBC Video: https://www.youtube.com/watch?v=zpnqZSxKdb
WeWork, once a-venture-capital darling, has filed for Chapter 11 bankruptcy. Co-founded in 2010 by Adam Neumann, the filing marks a reversal for the company that specialized in leasing shared workspaces and was once valued at $47 billion. WSJ breaks down h