The Startup
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The Startup

Hustle Culture After WeWork’s Aborted IPO

Neon sign with the text “Late Nights, Early Mornings”
Photo by Nick Fewings on Unsplash

The We Company (WeWork’s parent company) had grand ambitions for its initial public offering, which it had scheduled for September 2019. In addition to securing public financing to further fuel its already vertiginous expansion trajectory, the IPO was also the primary contingency for a $6 billion private bank loan from JPMorgan Chase and Goldman Sachs.

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