WeWork, the coworking startup that aimed to revolutionize office work, has officially filed for bankruptcy after years of unraveling. Co-founder Adam Neumann, known for his excessive behavior, sold his vision of building community and defying traditional office culture to investors. However, WeWork's valuation of $47 billion eventually collapsed. Neumann was ousted in 2019 but left with a multi-million-dollar payout and is now reportedly working on funding a new real estate startup. The downfall of WeWork has shattered the myth of visionary founders in the tech sector. Several wild moments from WeWork's rise include Neumann and his friends smoking marijuana on private jets, mixing layoffs with tequila parties, venturing into education and housing markets with WeGrow and WeLive, and the revelation of conflicts of interest in the company's pre-IPO paperwork. The post-Neumann era and the impact of the COVID-19 pandemic further contributed to WeWork's downfall.
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