What Went Wrong with WeWork?

WeWork, Silicon Valley’s overly revered, supremely pampered and extensively lauded blue-eyed boy turned out not to be as ‘Revolutionary’ as earlier thought but in-fact emerged to be a catastrophic fiasco. It was the picture-perfect start-up, with a blissful amalgamation of party-like work culture, heavy cash investments, unbelievably high valuation, and a celebrity CEO; WeWork was said to be ‘The next big thing’ and was expected to soar above and beyond. However, the veil of falsity masking the company’s internal troubles was lifted to showcase its true nature driving the utopian unicorn bubble to burst, crashing its $47 billion dollar valuation to just $2.9 billion.