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Topline
Coworking space startup WeWork filed for bankruptcy Monday after years of losses and turmoil—a steep fall from its peak valuation of $47 billion in 2019, making it one of the most valuable startups in the US at the time.
Timeline
Cofounders Adam Neumann and Miguel McKelvey opened the first WeWork in the SoHo neighborhood of New York City, allowing anyone from freelancers to large businesses to rent office spaces and desks.
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