Collapse probably isn't the right word because they are still in business, but they certainly tripped. They were forced to cancel their IPO, sell their stake i

Collapse probably isn't the right word because they are still in business, but they certainly tripped. They were forced to cancel their IPO, sell their stake in all non-core business, oust their CEO/founder with a billion dollar golden parachute, and lay off like a quarter of its employees. What collapsed was the cult of personality around Adam Neumann.