WeWork has failed. Like a lot of other tech startups, it left damage in its wake

Tech companies like WeWork enter the market with big promises to disrupt and make life better, cooler or easier. At first they're willing to lose millions of dollars a month but they eventually start to behave more and more like the incumbents. But by then, the existing industry has been changed as well.

WeWork has failed. Like a lot of other tech startups, it left damage in its wake
Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq

Tech companies like WeWork enter the market with big promises to disrupt and make life better, cooler or easier. At first they're willing to lose millions of dollars a month but they eventually start to behave more and more like the incumbents. But by then, the existing industry has been changed as well.