WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality

Dec 14 2022 by Business Insider

 
Former WeWork CEO Adam Neumann.

Jackal Pan/Visual China Group via Getty Images

WeWork cash flow is dwindling, and it plans to shutter more sites as it struggles to bounce back. Its market capitalization now stands lower than Regus, another flexible office space provider. This is a sign the market is rewarding careful management over rapid growth.

WeWork had once touted itself as the future of real estate.

Now WeWork faces cash crunch as it struggles with dwindling users and expensive long-term...

Continue Reading WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality