WeWork's initial attempt to go public failed amidst scrutiny over its hefty losses and lack of profitability plans, leading to a plummet in valuation from $47 billion to $9 billion.
Neumann claims to learn more from failure than success, reflecting on his journey after leaving WeWork. He has since founded Flow, focusing on luxury housing and offering a new venture with Workflow.
Unlike WeWork, Workflow leverages residential building spaces minimizing long-term lease costs, potentially allowing for a more sustainable business model compared to WeWork's strategy.
Following WeWork's demise, Neumann's new company, Flow, secured substantial investments and is now venturing into creating residential spaces like the Flow House in Miami.
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