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WeWork, once valued at $47 billion, files for bankruptcy

From TechCrunch

By Manish Singh

November 7, 2023

WeWork, once valued at $47 billion, files for bankruptcy

Flexible office-space firm WeWork has filed for Chapter 11 bankruptcy protection, listing over $18.6 billion of debts in a remarkable collapse for the once high-flying startup co-founded by Adam Neumann and bankrolled by SoftBank, BlackRock and Goldman Sachs. The New York-based firm, which raised over $22 billion and was valued at $47 billion at its […]

© 2023 TechCrunch. All rights reserved. For personal use only.

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