WeWork: Don’t Bet Against ‘Do What You Love’

The conventional wisdom about WeWork these days is that it is some kind of failure. The privately held company announced that its co-founder, Adam Neumann, would step down as CEO. It also withdrew the planned initial public offering that it had registered with the Securities and Exchange Commission. That was an indication that potential investors were wary about buying into an enterprise that, in 2018, lost about $1.9 billion on revenue of about $1.8 billion. Or at least that the potential inve

The conventional wisdom about WeWork these days is that it is some kind of failure. The privately held company announced that its co-founder, Adam Neumann, would step down as CEO. It also withdrew the planned initial public offering that it had registered with the Securities and Exchange Commission. That was an indication that potential investors were wary about buying into an enterprise that, in 2018, lost about $1.9 billion on revenue of about $1.8 billion. Or at least that the potential inve…