WeWork has learned its lesson from its IPO fail
But have we? A failed IPO in 2019 "made WeWork the poster child for all the concerns for unicorns." Fast-forward to now, and the office provider has finally joined the public markets after completing a merger with a blank-check firm. In this short but fascinating analysis, Chris Bryant looks into how startup founders remain the kings of the cheap money era and unicorn numbers have exploded, and why special-purpose acquisition companies (SPACs) add fuel to an incendiary mix.