This Week's N.Y. Deal Sheet
... equity, according to The New York Post. Former WeWork CEO Adam Neumann won’t make any money on the sale, and WeWork ...
Mar 17, 2020
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SoftBank Balks At $3B Purchase Of WeWork Shares
SoftBank said in a letter to WeWork investors that potential probes by the Securities and Exchange Commission and the Justice Department would be one factor allowing it to get out of the deal. The investor is not, however, abandoning WeWork all together. ...
Mar 17, 2020
News
Did Amazon Just Pay $1.15B For The Lord & Taylor Building?
... purchase price comes via $350M in equity. Former WeWork CEO Adam Neumann won’t make any money on it, and WeWork will ...
Mar 12, 2020
News
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
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
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
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
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
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
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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