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7 Corporate Governance Lapses That Led To WeWork’s Doomed IPO
Until two months ago, WeWork was on top of the world. The coworking spaces provider, which at $47 billion (Rs. 3.3 lakh crore) was among the highest valued startups in the world, had announced that it was going public. Its IPO was going to be among the biggest tech IPOs this year, and was meant to make WeWork CEO Adam Neumann, its biggest investor Softbank, and thousands of WeWork employees a lot of money. But it...