WeWork
The Big Number: 98% Shares in the co-working company WeWork had already fallen precipitously before it filed for bankruptcy.
About WeWork
WeWork, once a high-flying unicorn in the world of co-working spaces, has faced a dramatic downfall in recent years. The company's shares plummeted by 98% before it ultimately filed for bankruptcy, marking a significant turn of events for the once-promising startup.
The Rise and Fall of WeWork
Founded in 2010, WeWork quickly became a popular choice for freelancers, startups, and established companies looking for flexible office space. However, mismanagement, internal turmoil, and a failed IPO led to the company's downfall. Despite its rapid rise, WeWork's fate serves as a cautionary tale for companies looking to disrupt traditional industries.