Pari Passu
Mostly Restructuring, sometimes Public and Private Investing from Private Equity Investor at Mega-Fund and Former Restructuring Analyst
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At its height in 2019, the company commanded a $47bn valuation and was dubbed the world’s most valuable unicorn (i.e., a private company worth more than $1bn). Four years later, WeWork filed for Ch. 11 bankruptcy with its founder-CEO ousted and a business model proven primarily to incinerate cash.