Investors are always hunting for unicorns – that is, start-up companies valued at $1 billion or more before going public. US commercial real estate company WeWork amassed unicorn-grade hype, but behind the smoke and mirrors it had a flawed business model and an erratic, volatile CEO. In a fascinating story clearly told, documentarian Dagogo Altraide examines WeWork’s precipitous fall from grace, a catastrophe that may forever shift how the market views IPOs.
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2 years agoAnother cautionary tale that will end up as a case study for business school classes for years to come. I would say if something looks too good to be true, it usually is; but then again, hindsight is usually 20/20.