WeWork’s Dash for Cash

The video discusses WeWork's financial challenges following the delay of its IPO, which was expected to provide significant funding. The company is now seeking alternative financing and is selling assets, including a private jet, to cut costs. New leadership is focusing on governance and reorganization, with several high-profile executive departures. These changes aim to address past governance issues and prepare the company for future challenges.

What was the initial financial plan for WeWork before the IPO was delayed?

• To secure a $6 billion credit facility

• To sell its private jet

• To cut thousands of jobs

• To reorganize its executive team

Which assets did WeWork plan to sell as part of its cost-cutting measures?

• The $60 million Gulfstream jet

• Its headquarters building

• Its entire workforce

• All of its office spaces

What is the symbolic significance of WeWork's asset sales?

• To make a statement about financial responsibility

• To expand into new markets

• To demonstrate a shift in company culture

• To show commitment to sustainability

What governance issue is highlighted in the WeWork saga?

• Excessive CEO compensation

• Insufficient focus on environmental policies

• Lack of diversity in leadership

• Overexpansion into international markets

What changes are the new WeWork leaders implementing?

• Launching a new product line

• Reorganizing the executive team

• Increasing employee benefits

• Expanding the company's global presence