Another SoftBank executive predicted the firm would reach $100 billion. This bullishness and the relationship between Son and WeWork's founder and then-CEO AdamNeumann raised eyebrows.
WeWork cofounder and chairman AdamNeumann would see around a $200 million windfall as part of SoftBank's proposed deal to take over his troubled company, a source familiar with the negotiations ...
SoftBank on Tuesday has finally confirmed ... the Japanese investor has also paid-off around $1.7 Bn to its co-founder AdamNeumann to give up the control of the company. Amid fears of layoffs ...
The SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty losses, corporate governance lapses and the management style ...
The long-running saga between AdamNeumann and SoftBank is far from over. The disgraced former WeWork CEO reportedly intends to sue SoftBank, after it rowed back on a $3 billion offer to buy ...
The deal will see Softbank increase its stake in the US office-space sharing start-up to roughly 80%. Co-founder AdamNeumann will leave the board but retain "observer" status. The deal marks ...
WeWork filed for bankruptcy this week, and Fast Company's 'Most Innovative Companies' podcast interviews WeWork chronicler Reeves Wiedeman about it. Why WeWork couldn’t pivot its way out of ...
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