WeWork withdraws its S-1 filing, will delay its IPO

WeWork’s parent organization The We Companyjust announced that it’s withdrawing the S-1 filing for its IPO.
The co-working company has had a turbulent month since the filing went public, around both the general state of its finances and the behavior of co-founder/CEO Adam Neumann.
As a result, Neumann stepped down down as CEO last week (he will continue to serve as non-executive chairman). In addition, the company is looking to focus on its core co-working business, wh