Last year, WeWork added 108,000 desks for companies with over 500 employees, a key customer base. Fourth-quarter leases also dropped steeply.
By leveraging smartphones, online marketplaces, and cheap access to technology, startups like Uber and Shopify became the talk of the town.
LionTree founder Aryeh Bourkoff said 2019's IPO turmoil "is not necessarily a bad thing," and that the public market "always wins."
Bank of America says pension funds might start a stock selloff if they see their investments in private companies like WeWork losing value.
Top-ranked fund manager Aram Green says this year's disastrous IPO market has produced some good opportunities, and names his three favorites.
There's "a definite change in mood" towards SoftBank since the WeWork debacle.
"I don't see a happy ending to this," said Vincent Deluard, the director of global macro strategy at INTL FCStone.
The presentation also highlighted a break with cofounder Adam Neumann, with new executives planning to focus on large companies as customers.
SoftBank CEO Masayoshi Son said the Japanese investor is doubling down on WeWork "since the vision remains unchanged."
Nine months into the year, 2019 has already surpassed the number of CEO departures seen in the same time span during the 2008 recession.
Here's what analysts say they'll be looking for when JPMorgan reports earnings next week. They aren't sounding serious alarms, but WeWork questions are likely.
According to documents obtained by Business Insider, WeWork cofounder Adam Neumann loaned money to a startup CEO through his family office 166 2nd.
Here are the biggest business stories this week, including stories on WeWork, Citadel, and Best Buy.
The Vanity Fair report comes amid revelations that Neumann and Dimon met over the weekend to try and get WeWork's IPO back on track.
Neumann pursued Apple at about the time that SoftBank was reconsidering a massive investment in WeWork, thanks to push-back from its investors.
WeWork's problems go well beyond CEO Adam Neumann. Namely, its basic business model doesn't work and needs to be overhauled.
WeWork CEO Adam Neumann and main investor SoftBank's Masayoshi Son have been close, but now Son wants reportedly Neumann demoted.
WeWork's board of directors is reportedly thinking about ways to replace Adam Neumann as CEO. But they miserably failed at their jobs too.
Masayoshi Son is the founder and CEO of Japanese holding company SoftBank, which invests millions in some of Silicon Valley's biggest tech companies.
Neumann has started talks with WeWork's board directors and investors to discuss his future role, including the possibility of giving up his CEO title.