Case Study : An Analysis of WeWork's Fall

WeWork, a company that provides flexible shared office spaces, experienced a spectacular rise and fall in the span of just a few years. Here are some key factors that contributed to the company's downfall:

Corporate governance issues: WeWork's corporate governance structure was highly centralized, with CEO Adam Neumann holding majority voting power and control over many key decisions. This lack of transparency and accountability created concerns among investors and raised questions about the company's long-term viability.

Financial mismanagement: WeWork's financials were heavily scrutinized after the company's initial public offering (IPO) was shelved in 2019. Critics argued that the company's valuation was inflated, and that it was burning through cash at an unsustainable rate. WeWork's complex leasing arrangements also raised concerns about the company's ability to meet its financial obligations.