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Kamis, 04 Februari 2021

Inside coworking firm Knotel's spectacular collapse

Knotel's chapter 11 filing this week...

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Behind Knotel's meltdown: A dozen insiders trace the coworking firm's turbulent decline into bankruptcy after losing $400 million in 2 years

Knotel's chapter 11 filing this week — and the chaos it triggered — was an outcome that several former executives, landlords, and observers said they foresaw for the flexible-workspace company. Its grand ambitions, touted by CEO Amol Sarva, started to fall apart well before the pandemic accelerated its financial struggles.

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