After first pledging to upend the way people worked, WeWork vowed to change how they lived: WeLive, a sleek dormitory for working professionals with free beer, arcade games in the laundry room and catered Sunday dinners, would spread around the world.

It has not quite turned out that way.

WeLive has not expanded beyond its first two locations and efforts to open sites in India and Israel have collapsed. In addition to long-term rentals, WeLive offers rooms at its only locations, in New York City and Virginia, for nightly stays on hotel sites.

I n fact, New York City has investigated whether units legally meant to be long-term apartments were being advertised as hotel rooms in WeLive’s Lower Manhattan building once billed as a residential utopia with shared living space, communal meals and social gatherings.

Fueled by the charismatic vision of its co-founder, Adam Neumann, WeWork charted meteoric growth that wowed investors and propelled the company to a $47 billion valuation, one of the highest for a start-up. But that all came crashing down in recent weeks, as its push to go public revealed huge losses with no signs of profitability any time soon.