Once struggling with massive debt, WeWork has finally exited Chapter 11 bankruptcy, cutting $4 billion in debt and gaining new owners.
Indian-born tycoon Anant Yardi now holds the majority stake in WeWork, aiming to lead it into a brighter future.
Yardi invested $200M in WeWork two years ago and recently added $337.5M to counter WeWork CEO’s bid.
WeWork's journey saw its valuation plummet from $47 billion to $750 million, but this fresh start brings hope for a stronger future.
There are plans to target small businesses and add hotel-like technologies. We'll see how this change pans out.