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WeWork's had a terrible month, and now the company may be getting bailed out by SoftBank - here's everything that has happened since the embattled company filed to go public

7 monthes ago   |   By Business Insider

Jackal Pan/Getty Images; Jacqueline Larma/AP Images; Samantha Lee/Business Insider
In August, coworking company WeWork publicly filed its IPO paperwork. It was last privately valued at $47 billion.
Since then, WeWork has had an exceptionally bad few months, as potential investors got their first look at WeWork's financials and people began to dig into the past behavior and business dealings of the company's CEO, Adam Neumann.
In September, The Wall Street Journal reported that Neumann would be stepping down as CEO, but remain as chairman.
Since then, the company has named new co-CEOs and...
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WeWork just agreed to SoftBank's bailout which values the company between $7.5 billion and $8 billion, according to CNBC

WeWork just agreed to SoftBank's bailout which values the company between $7.5 billion and $8 billion, according to CNBC

7 monthes ago   |   By Business Insider

WeWork
WeWork is taking a bailout from SoftBank, a deal which will value the company between $7.5 billion and $8 billion, CNBC reported on Monday.
The embattled office company, whose valuation was once as high as $47 billion just a few months ago, was set to run out of money next month.
WeWork had planned to raise billions from going public this fall, but its initial public offering was shelved after investors raised questions about its business model and leadership.
For more WeWork stories,
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