WeWork shares approached zero on Wednesday after the one-time startup darling warned it could go bankrupt in a stunning reversal of fortune for a company that was once privately valued at $47 billion.
WeWork shares approached zero on Wednesday after the one-time startup darling warned it could go bankrupt in a stunning reversal of fortune for a company that was once privately valued at $47 billion.
I used to go to some real elaborate wework socials and cocktail hours. It was catered to engineers to then brag to their company about it.
But then I checked the pricing and it’s like $300 a month for… A private desk? $200 for a shared desk? And the primary perk was unlimited coffee?
A bunch of really small startups would use it. But that was about it.
Pandemic and wfh really highlighted how expensive it was for not much. And honestly I was fine alternating between libraries and coffee shops.