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WeWork joins a long list of high-profile SPACs that have failed

After a little more than two years as a public company, the infamous office-sharing firm has filed for Chapter 11 protection.

New yorkUnited statesGreg martinColin kaepernickJay ritterAlex rodriguezAdam neumannBowx acquisition corpStarwood capital groupUniversity of floridaRichard branson virgin orbit holdingsSoftbank group incCore scientificRichard bransonVirgin orbit holdingsNew york yankees

WeWork Joins a Long List of High-Profile SPACs That Have Failed

WeWork Joins a Long List of High-Profile SPACs That Have Failed
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New yorkUnited statesAlex rodriguezColin kaepernickJay ritterAdam neumannGreg martinBowx acquisition corpStarwood capital groupRichard branson virgin orbit holdings incCore scientific incSoftbank group incWework incUniversity of floridaRichard bransonVirgin orbit holdings

WeWork s ignominious bankruptcy adds to the growing list of once buzzy SPAC companies that have gone bust

There are at least 23 bankrupt companies born out of SPACs, or special-purpose acquisition companies.

New yorkUnited statesColin kaepernickAlex rodriguezJay ritterGreg martinAdam neumannStarwood capital groupSoftbank group incRichard branson virgin orbit holdings incUniversity of floridaCore scientific incBowx acquisition corpRichard bransonVirgin orbit holdingsNew york yankees

WeWork Joins a Long List of High-Profile SPACs That Have Failed

WeWork Joins a Long List of High-Profile SPACs That Have Failed
themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesJay ritterGreg martinAdam neumannColin kaepernickAlex rodriguezBowx acquisition corpRichard branson virgin orbit holdings incWework incSoftbank group incStarwood capital groupCore scientific incUniversity of floridaRichard bransonVirgin orbit holdings

WeWork SPAC Meltdown Adds to Co-Working Company s Litany of Woes

(Bloomberg) WeWork Inc. is already infamous for torching billions of Softbank Group Inc.’s cash. It’s been labeled a poster child for the excesses of Silicon Valley’s founder worship. And exemplifies the profligacy of a near-zero interest rate environment.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadNaira Extends Drop

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