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1 min read

Adam Neumann gives up on his plan to buy back WeWork

Neumann called WeWork's plan to get out of bankruptcy without him "unrealistic and unlikely to succ…

Geoff Weiss   


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1 min read

Adam Neumann got cut out of WeWork's restructuring plan

WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann, who wan…

Geoff Weiss   


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3 mins read

WeWork was doomed to fail by taking on huge buildings, rival says

Jamie Hodari, the CEO of Industrious, told Insider that WeWork's huge office blocks with luxurious …

Tom Carter   


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3 mins read

WeWork's inevitable retreat is here

WeWork has started to close some of its coworking spaces as it reportedly prepares to file for bank…

Tom Carter   


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2 mins read

Adam Neumann, the WeWork founder who became a business school case study in failed management, is 'disappointed' about its bankruptcy

The coworking giant, which at its peak was valued at $47 billion, filed for Chapter 11 bankruptcy o…

Tom Carter   


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WeWork gains 13% in long-awaited trading debut 2 years after failed IPO attempt

WeWork also reported preliminary third-quarter revenue of $658 million, up from $593 million in the…

Carla Mozée   


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1 min read

SoftBank has lost more than $14 billion by betting on WeWork

The Japanese firm, which made a huge bet on WeWork, revealed the losses in the same week that the r…

Hasan Chowdhury   


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4 mins read

WeWork files for bankruptcy in latest sign of commercial real estate reckoning

WeWork was once valued at $47 billion, but it's been in turmoil ever since its 2019 IPO fell apart.

Grace Kay,Meghan Morris,Huileng Tan   


Ben Gilbert   


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2 mins read

Adam Neumann will reportedly leave WeWork's board for a year as part of his SoftBank settlement - and take home an extra $50 million payout

As part of the deal, SoftBank will also reportedly buy about $500 million of WeWork stock from Adam…

Grace Dean   


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1 min read

$27 billion up in smoke – that's how much cash the 3,200 startups that failed this year had raised, says PitchBook

The true scale of the venture funding cash burn is likely to be even higher than the PitchBook tall…

Kai Xiang Teo   


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2 mins read

WeWork eyeing public SPAC debut in deal that could be worth $10 billion, report says

SoftBank, the majority owner of WeWork, marked down its valuation of the company to $2.9 billion am…

Matthew Fox   


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2 mins read

Kate Duffy   


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2 mins read

SoftBank's $10 billion gain on the DoorDash IPO will offset the fund's WeWork 'disaster,' says a stock analyst

"Suddenly Masa goes from losing to being hero very quickly," David Gibson of Astris Advisory Japan …

Emily Graffeo   


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1 min read

SoftBank reported an eye-watering $6.5 billion loss in the wake of WeWork's catastrophic failed IPO

The company's huge loss comes after its firebrand founder Masayoshi Son took huge financial risks b…

Rosie Perper,Rosie Perper   


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3 mins read

The NYU professor who predicted WeWork's failed IPO says college is about to change forever — and expensive schools could close for good

Scott Galloway says if US universities don't stop viewing themselves as "luxury brands" they may no…

Marguerite Ward   


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1 min read

A video from a wild WeWork party shows the moment a bottle is thrown at former CEO Adam Neumann's glass office

Video shows WeWork employees throwing bottles of alcohol through the office's glass windows, part o…

Heather Schlitz,Sarah Jackson   


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2 mins read

WeWork founder Adam Neumann once argued to Elon Musk that getting to Mars would be easy but "building community" there was the hard part, new book says

WeWork founder Adam Neumann told SpaceX's Elon Musk getting to Mars was the easy part but "building…

Sarah Jackson   


Sarah Jackson   


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2 mins read

'The plumbing isn't broken': Goldman Sachs' CEO says WeWork's failed IPO could improve private markets

"I don't think the plumbing is broken," Solomon replied to an analyst's question about the signific…

Theron Mohamed