What was the main reason for WeWork's failed IPO in 2019?
Governance and business model concerns
Lack of office space
Too few members
Economic recession
Answer
WeWork's failed IPO in 2019 was mainly due to concerns over its governance, business model, and ability to turn a profit. Investors were worried about the company's corporate governance, valuation, and outlook for the business, leading to the postponement of the IPO.
Discover Your WeWork Genius: The Ultimate Quiz on America's Workspace Revolution!
More Questions
What role did Adam Neumann have at WeWork before stepping down?
How many locations did WeWork operate in as of December 31, 2022?
What is the annual salary of Adam Neumann as a consultant for WeWork?
In which month did WeWork release its public prospectus for the IPO in 2019?
How much did WeWork's valuation decrease between January 2019 and April 2023?
Related Quizzes
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox