WeWork is Nearly Bankrupt
by Brian Wang from NextBigFuture.com on (#6DS7V)
WeWork reported that there is substantial doubt" the company will be able to stay in business, citing a slight decline in memberships" and increasing competition." They indicate that avoiding bankruptcy is contingent upon successful execution of management's plan to improve liquidity and profitability over the next 12 months." In March 2016, WeWork raised $430 million ...