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What We Can Learn From WeWork’s Astronomical Rise And Almost-Fall
By Seedly  •  October 31, 2019
< BACK TO MAIN BLOG 31st October 2019 Lactose-intolerant, but also BS-intolerant. Having written for the likes of Marina Bay Sands and Time Out, I now spend my days saving up for my stationery shop retirement dream. You can contribute your thoughts like Rebecca here.

As far as unicorn start-up stories come and go, co-working spaces giant WeWork‘s is a spectacular one marked by aggressive growth, heavy losses – and, most recently, an exorbitant, last-ditch attempt to salvage the flailing company.

Source: Unsplash

That attempt comes courtesy of major investor and Japanese telcom conglomerate SoftBank, in a bailout valued at some US$9.5 billion.

The surprise move – announced on 23 Oct, 2019 – seems a staggering sum, but not when you consider that the co-working company was valued at US$47 billion just earlier this year.

Whether you’re a start-up or enterprise company looking into growth plans, WeWork’s is

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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