WeWork, the popular co-working space provider offers us a textbook case of misaligned interest and poor corporate governance. In response to a host of issues, they recently postponed their highly anticipated IPO.

In approximately one page. Summarize the following two elements.

1. Briefly describe WeWork. It's business model, corporate culture, any other high level items to summarize WeWork. Treat as if you were describing them to someone who's never heard of them. But you're having a business conversation here.

2. Detail specific examples of lax corporate governance and other related rationales that have brought us to the current situation unfolding at WeWork