How WeWork Failed? From $47 Billion Startup to Bankrupt Penny Stock

What was once the U.S.’ most valuable start-up just declared bankruptcy. Not too long ago, WeWork was like a shooting star in the business world, trying to change how offices work. The person leading it, Adam Neumann, wanted to create a new way of working together with shared spaces and a sense of community. WeWork quickly became really famous and got a lot of money from investors, making it worth a lot. But just as fast as it became popular, WeWork faced big problems. Bad decisions, money troubles, and too much pride in the company caused its downfall. Now, WeWork is dealing with too many offices available, not enough people wanting them, tough competition, and economic ups and downs. But How did the once-famous company from Silicon Valley end up losing more than 99% of its value?