Portfolio Manager Alex Snyder recently spoke with The Wall Street Journal about the rise and fall of WeWork. The article examines how the company, once valued at $47B, now faces bankruptcy due to excess spending, turbulent management, and declining demand due to remote work trends. Despite the current challenges set forth, Alex asserts the WeWork brand still holds value within the marketplace, suggesting a potential revival once the company sheds its debt and unprofitable leases.
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