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WeWork
11/10/2023
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By Ramon Tomey
Co-working facility giant WeWork files for BANKRUPTCY
WeWork, a company specializing in shared office spaces, has filed for bankruptcy. CNBC reported that the company, whose headquarters is located in New York City, filed for Chapter 11 bankruptcy protection in a New Jersey federal court on Nov. 6. WeWork had entered into agreements with the vast majority of its secured note holders, and […]
10/04/2023
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By News Editors
WeWork on brink of default as $95 million in interest payments skipped
WeWork Inc. skipped interest payments totaling $95 million due on Monday on five of its bonds, triggering a 30-day grace period. This comes two months after the struggling co-working start-up warned that “substantial doubt exists” about staying in business and one month after WeWork CEO David Tolley said the company “will seek to negotiate terms with our […]
03/16/2023
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By JD Heyes
‘Forbes Curse’ strikes once again – financial institutions rated ‘excellent’ by failing magazine are collapsing days later
Just weeks before regulators seized control of Silicon Valley Bank due to its inability to meet withdrawal demands, the bank had proudly made Forbes’s annual list of America’s Best Banks. In a Twitter post last week, the bank celebrated the achievement and highlighted its five consecutive years on the list. But Forbes’s prestigious lists have […]
11/19/2019
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By News Editors
WeWork’s ex-CEO Adam Neumann investigated for criminal self-dealing
When we first learned about former WeWork CEO Adam Neumann’s practice of buying commercial properties (or shares in said properties), and then leasing them back to WeWork (often at an inflated rate), we knew that if Neumann had gotten away with such blatant self-dealing without a peep from the board, then WeWork’s governance problems were […]
10/09/2019
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By Lance D Johanson
The collapse of Wall Street lunacy: WeWork company founded by delusional hype artist may soon have to file for bankruptcy
Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork […]
09/22/2019
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By JD Heyes
WeWork is NOT a tech company, it’s a massive financial fraud scheme, warns analyst
A new in-depth analysis of the WeWork, a “shared workspace” company that is outlandishly overvalued, is built on fraud, deceit, and shameless fake marketing campaigns that are sure to end in miserable failure. According to a lengthy assessment of WeWork by Henry Hawksberry, a company founded by Adam Nuemann & Miguel McKelvey, it is in […]
05/09/2019
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By Ethan Huff
Leftist tech companies suffer from the same delusion as leftist ideology: It’s all hype, fiction and bulls##t, packaged as consensus reality
The deranged manner in which leftist Democrats perceive and engage reality is strikingly similar to the deceitful ways in which many tech companies operate these days: by pretending that up is down, male is female, black is white, and losses are profits. WeWork is a perfect example of this, as reports indicate that the collaborative […]
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