WeWork was one of the world’s most valuable start-ups at the beginning of the year. But it overestimated demand and its valuation plunged from US$47 billion to US$8 billion. Photo: EPA-EFE
Opinion
Opinion
Editorial
Regulate the sharing economy, but don’t stifle innovation
- There have been spectacular successes and breathtaking failures as start-ups change the face of business, making it a challenge for governments to set the rules
WeWork was one of the world’s most valuable start-ups at the beginning of the year. But it overestimated demand and its valuation plunged from US$47 billion to US$8 billion. Photo: EPA-EFE