If something seems too good to be true, it probably is. WeWork Cofounder Adam Neumann proved this to be true in 2019. Over the year, the company went from a whopping $47 billion dollar valuation to below $8 billion after failing to complete a public offering. Forbes Staff Writer Samantha Sharf explains the missteps Neumann took before his board pushed him out and cut thousands of jobs.

*The SoftBank bailout was announced on October 23, 2019.

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