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2 mins read
WeWork is set to go public via a SPAC deal in October - 2 years after its disastrous IPO attempt
The shared-workspace company expects to list its shares on the New York Stock Exchange under the "W…
Shalini Nagarajan
1 min read
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
2 mins read
WeWork lost $3.2 billion last year. Now it wants to go public with a SPAC advised by Shaquille O'Neal
WeWork is hoping investors will help it go public at a valuation of $9 billion including debt, acco…
Tyler Sonnemaker
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
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
5 mins read
WeWork released an investor deck outlining ambitious occupancy projections ahead of a proposed SPAC deal. Here are 4 big takeaways.
WeWork is prepping for a quick return to the office this year that will make the company profitable…
Alex Nicoll,Daniel Geiger
2 mins read
Former WeWork CEO Adam Neumann reportedly hosted a 9 a.m. party for employees to celebrate the company going public
Neumann, who resigned as CEO in 2019, has a roughly 10% stake in the company.
Francis Agustin
2 mins read
WeWork CEO says people in Texas and Florida are returning to the office 'in droves,' while some big cities are seeing a slower comeback
Workers in big cities are still concerned with things like cleanliness on public transportation, sa…
Natasha Dailey
2 mins read
WeWork has agreed to go public via a SPAC merger. The deal values it at $9 billion, less than a quarter of its 2019 valuation.
The merger with the BowX Acquisition Corp SPAC values WeWork at $9 billion, and comes two years aft…
Grace Dean
1 min read
WeWork lost $2 billion in a quarter and 200,0000 members in a pandemic-hit year, it said ahead of its stock market debut
Ousted WeWork cofounder Adam Neumann's $500 million settlement with WeWork contributed to the compa…
Kate Duffy
2 mins read
Ousted WeWork co-founder Adam Neumann is reportedly nearing a settlement in his dispute with SoftBank. He could get $500 million and remain a major shareholder.
The potential deal between Adam Neumann and Softbank, WeWork's owner, could pave the way for WeWork…
Kate Duffy
2 mins read
Here's your first look at Apple TV's upcoming WeWork biopic series, starring Jared Leto as ousted CEO Adam Neumann
The show chronicles the rise and fall of WeWork while exploring the relationship between Neumann an…
Francis Agustin
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
2 mins read
Retail traders are cheering Trump's deal to make SPACs great again as Digital World Acquisition Corp. extends triple-digit gains
DWAC is going to be "YUUUUGE" one trader on a Reddit investing thread said following the deal's ann…
Natasha Dailey
4 mins read
Back to the '90s with Microsoft and Intel
In this week's edition of the Insider Tech newsletter, we look at new developments at Microsoft and…
Alexei Oreskovic
4 mins read
Finance professor Aswath Damodaran warns investors not to get cocky, dismisses bitcoin as a currency or store of value, and blasts the Fed in a new interview. Here are the 11 best quotes.
The "Dean of Valuation" also discusses Tesla's prospects, trumpets "big tech" companies, and critic…
Theron Mohamed
2 mins read
Softbank's Vision Fund could go public in a $300 million SPAC deal, report says
Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amste…
Sophie Kiderlin
2 mins read
The head of SoftBank's $100 billion Vision Fund is preparing to launch the group's own SPAC
The blank-check company will be operated by Vision Fund 2's investment advisers and is expected to …
Shalini Nagarajan
7 mins read
An IPO is when a company starts trading on a public exchange, offering investors a chance to get in on a hot new stock
An initial public offering (IPO) marks a private company's debut on a stock exchange and its issuan…
Martin Daks
6 mins read
Wall Street's Snowflake windfall — What Goldman interns are really thinking — PIMCO takes aim at Aladdin
News on Snowflake's IPO, Opendoor gearing up to go public via a SPAC, Goldman Sachs intern survey, …