WeWork’s botched IPO plans have, in six short weeks, cost the company’s chief executive his job and the jobs of a number of his cronies, likely ended the hyper-aggressive growth push of Orange County’s fastest-growing co-working company for the immediate future, and even prompted bankruptcy speculation of the 9-year-old firm, which this summer had an internal valuation of $47 million as it prepped to go public.
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October 11, 2019