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Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, November 16th.

Perhaps no modern company has had its high hopes dashed more than WeWork. The once

buzzy startup was valued at $47 billion at its peak, thanks to putting what NPR calls its

Silicon Valley spin on the somewhat boring business of leasing office spaces. Since the founding of

its first office space in 2010, WeWork has grown like crazy, catering to companies that lease office space in buildings around the world.

If you live in a major city, chances are there's a we-work nearby.

Though We-Work and its somewhat quirky founder, Adam Newman, sought to revolutionize the way people work,

that goal was never quite realized.

While sleek office furnishings and unlimited kombucha on tap may have brought some folks in the door,

the company struggled to pay its bills. The idea had been for we work to lease out office spaces

around the world long term, then turn around and sub-lease it to companies needing space on

...