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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

TechCrunch

There’s hype around the company in its early days. In August, Knotel announced the completion of a $400 million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of Kuwait. Virgin Mobile co-founder Amol Sarva and former VC Edward Shenderovich founded Knotel, essentially reversing the WeWork model.

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