WeWork to Go Public Via $9 Billion SPAC Deal

WeWork to Go Public Via $9 Billion SPAC Deal

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Interactive Video

Business

University

Hard

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The transcript discusses WeWork's journey from its failed IPO attempt in 2019 to its decision to go public via a SPAC deal in 2021. It highlights the challenges faced by WeWork, including leadership changes and the impact of the pandemic. The discussion also covers the involvement of Shaquille O'Neal in the SPAC deal and WeWork's strategic shift towards catering to large enterprises with flexible office solutions. Additionally, it touches on regulatory concerns and the company's valuation adjustments post-IPO fiasco.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Shaquille O'Neal's involvement with WeWork's SPAC deal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the leadership's plans regarding profitability and going public by the end of 2021?

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