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WeWork Sells Managed By Q At An 89% Discount

... subsidiaries almost as quickly as it acquired them during the Adam Neumann era. “The successful divestiture of Managed by Q is the ...

Mar 04, 2020
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WeWork Adam Neumann
News

In 2017, WeWork Revealed Its Grand Plan: World Domination

... "biggest year yet." The company was founded in 2010 when Adam Neumann and Miguel McKelvey sold its predecessor, Green Desk, and used ... initial event, complete with a tequila shot toast, a hallmark Adam Neumann celebration. By the end of 2017, WeWork said it ...

Dec 20, 2017
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business, meeting, deals, career, job, workplace, handshake
News

WeWork Hires Former EY Executive As New COO

... go public last year, and the departure of its founder Adam Neumann, WeWork released a five-year strategic plan in November that ...

Feb 20, 2020
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Here's What To Expect At WeWork With Sandeep Mathrani In Charge
News

Here's What To Expect At WeWork With Sandeep Mathrani In Charge

... “He’s not a rock star like Adam Neumann, but on the other hand he has ... ],” Poleg said. Following its failed IPO and Neumann’s departure in 2019, WeWork released a five ... carve a path toward profitability, a goal Neumann didn't take seriously, as evidenced by ...

Feb 09, 2020
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A beer tap is kept locked in a Washington, D.C., WeWork location
News

Bye Bye, Booze: WeWork Killing Kegs At North American Locations

... WeWork's identity, from bottomless-drink member parties to CEO Adam Neumann's infamous penchant for shots of tequila. But the company ...

Jan 27, 2020
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WeWork CEO Buys Mortgage On Chelsea Development Site
News

WeWork CEO Buys Mortgage On Chelsea Development Site

... 115 West 18th St. — WeWork's headquarters — and Adam Neumann signed the mortgage document. Dagowitz assembled the properties, including ... WeGrow and controversial competition tactics in New York. Neumann seems hell-bent on justifying his massive startup's ...

Nov 09, 2017
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Lord & Taylor's flagship store at 424 Fifth Ave., sold to a WeWork partnership for $850M
News

WeWork Buys Storied NYC Building For New HQ In $850M Deal

... JV with WeWork will assume some of it. WeWork CEO Adam Neumann, who has led the company he founded in 2010 to ... of urbanization is something we must all recognize and understand," Neumann said in a release. "There is no reason why retail ...

Oct 24, 2017
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WeWork Reportedly Looking To Back Out Of Up To 100 Leases
News

WeWork Reportedly Looking To Back Out Of Up To 100 Leases

... its IPO saga resulted in the removal of co-founder Adam Neumann as CEO. Up to and after it released the now ... from all "non-core businesses," which include ventures started by Neumann, like entrepreneurial elementary school WeGrow, as well as companies ...

Dec 13, 2019
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Knotel Has Hundreds Of Thousands Of Square Feet To Fill In The Next Year
News

Knotel Has Hundreds Of Thousands Of Square Feet To Fill In The Next Year

... disastrous initial public offering attempt that saw its former CEO Adam Neumann replaced, and a bailout from SoftBank, its main investor. In ...

Nov 08, 2019
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Boston Properties Posts 8% Revenue Gains In Q3, Takes Protective Measures For Downturn
News

Boston Properties CEO: WeWork Will Cause A 'Pause' In Coworking Sector

... since had a failed initial public offering and ousted founder Adam Neumann, who was part of early negotiations with Boston Properties' Dock ...

Oct 31, 2019
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