https://www.businessinsider.com/weworks-nightmare-ipo
WeWork filed for Chapter 11 bankruptcy.
  • WeWork filed for Chapter 11 bankruptcy protection in November.
  • Now cofounder Adam Neumann is exploring an offer to buy back the company.
  • WeWork will have to renegotiate leases, and has already requested to end some.

WeWork, the company synonymous with coworking that was once valued at $47 billion, filed for Chapter 11 bankruptcy last November.

It now looks like cofounder Adam Neumann is trying to buy it back, according to a letter published by The New York Times' DealBook on Wednesday.