Big tech plays catch-up with new worldview
Investors want to hear the language of transparency, profitability and corporate governance over hype
The past year will be remembered as the one in which WeWork failed to convince the world it was a tech start-up.
Boasting a projected valuation of $47 billion, the much vaunted “space-as-a-service” company started 2019 as one of the world’s fastest growing tech start-ups, one capable of “elevating the world’s consciousness”, according to its eccentric – but now former – chief executive officer, Adam Neumann.
Somewhere over the summer months, however, things took a ...