The Great Success And Swift DownFall of WeWork

By John Roshan Anto, Digital Content Writer, siliconindia  |  Thursday, 14 November 2019, 07:41:51 PM IST

Chasing Profit by Ignoring Losses

WeWork’s recent decline gives a heads up to the investors a cautionary tale of what can happen when firms focus only on profits and ignoring losses. Ignoring losses and chasing profit is suicidal even though you’re a mid-size company. It can be a lesson for the high-profile unicorns. However, some unicorns recorded the most valuable IPOs but trading well below the public market debuts. 

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ON THE DECK

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