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Adam Neumann
News

WeWork Story Headed For The Silver Screen

... Neumann and numerous other sources at WeWork and SoftBank, the Hollywood Reporter reports. SoftBank acquired control of the money-losing coworking ... its proposed IPO was a good idea. Since then, SoftBank has kicked off a turnaround plan for WeWork that has ...

Dec 03, 2019
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WeWork's First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline
News

WeWork's First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline

...  in line with its largest publicly traded competitor, IWG. Though SoftBank Group remains the company's largest shareholder by far, the ... days of excess driven by former CEO Adam Neumann and SoftBank head Masayoshi Son appear to be over. CORRECTION, NOV. 16 ...

Nov 15, 2021
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Vantage Plans $25B, 10-Building Data Center Campus In Central Texas
News

Vantage Plans $25B, 10-Building Data Center Campus In Central Texas

... data centers near Phoenix. The $500B Stargate venture between OpenAI, SoftBank and Oracle has gotten off to a slow start. The ...

Aug 19, 2025
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The New York Stock Exchange
News

A Different Beast? Analysts Weigh In On How WeWork Will Fare When It Finally Goes Public

... tidy $550M-plus payout and main investor SoftBank putting up $9.5B in equity and ... 4M.  Currently $18.5B in the hole, SoftBank will be hoping their efforts pay off. WeWork ... rather than its private sector investors like SoftBank if it needs more equity to grow. ...

Oct 15, 2021
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UAE's Sovereign Wealth Fund Names First Head Of Americas Real Estate
News

UAE's Sovereign Wealth Fund Names First Head Of Americas Real Estate

... New York-based Fortress Investment Group, which it acquired from SoftBank last May. The acquisition came a month after the two ...

Jul 28, 2025
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Data center design
News

Data Centers Prop Up Construction Industry Amid Economic Turmoil

... data center plans include Stargate, the joint venture of OpenAI, SoftBank and Oracle, which is building a 206-megawatt data center ...

Jul 15, 2025
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Getting Fast, Reliable Power To Keep Up With The Texas Data Center Dash
News

Getting Fast, Reliable Power To Keep Up With The Texas Data Center Dash

... as massive developments like Stargate, a $500B megaproject from OpenAI, SoftBank and Oracle, and GigaPop, an 800K SF data center in ...

Jul 03, 2025
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WeWork Moves Forward With IPO On Nasdaq, Could Drop Valuation As Low As $10B
News

WeWork Moves Forward With IPO On Nasdaq, Could Drop Valuation As Low As $10B

... of $47B. Its lead investor in that funding rounding, SoftBank, has reportedly asked Neumann to consider delaying or calling off ... stake, Bloomberg reported. A lower valuation would also dilute SoftBank's influence. A key hangup for many investors after WeWork ...

Sep 13, 2019
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Modular Builder Katerra Buys 2 Traditional Construction Companies
News

Modular Builder Katerra Buys 2 Traditional Construction Companies

... start of 2018, when it received $865M in financing from SoftBank Vision Fund, the Japanese investment firm's venture fund that ... into The We Company, WeWork's parent. As of February, SoftBank was planning another $700M infusion that would value Katerra at ...

Sep 10, 2019
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New Data Center Firm Led By Industry Vets Helps Secure $11.6B Financing Deal For Stargate Project
News

New Data Center Firm Led By Industry Vets Helps Secure $11.6B Financing Deal For Stargate Project

... initiative is led by OpenAI and Oracle, with backing from SoftBank and a range of major tech and investment players like ...

May 26, 2025
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