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today at Damon Runyon.org slash donate. When you think of a traditional office workplace in the U.S. what comes to mind?

For some that means cubicles. Others might picture a private corner office suite with the view.

For Adam Newman, the vision of a workplace was more collaborative.

His former company, We Work, leased hundreds of thousands of square feet of real estate in cities

around the country, converted it to shared office space, and then sub-leased segments of the offices

to different companies and freelancers.

As We Work expanded globally,

dozens of other companies join the shared office

base market.

Now, co-working offices can be found

in virtually every city around the world.

But earlier this month, we work undeniably the most dominant player in the shared workspace

movement filed for bankruptcy.

The company reported massive debts and millions of dollars in unpaid rent.

It's the latest in a series of financial pitfalls the company suffered since 2019 when

Newman was fired as CEO.

Later in the show, we speak to the owner of a co-working space about what We Works Bankruptcy

means for the future of the industry.

But before we head there, how did a company once valued at 47 billion dollars shrink to less

...