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Adam Neumann
News

WeWork Story Headed For The Silver Screen

... conducted interviews with Neumann and numerous other sources at WeWork and SoftBank, the Hollywood Reporter reports. SoftBank acquired ... of the money-losing coworking company this fall after WeWork and Neumann failed to persuade a skeptical investment ...

Dec 03, 2019
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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

... 's influence. A key hangup for many investors after WeWork filed its initial prospectus last month was how much influence ... family members have made thousands in different professional capacities with WeWork, and his wife, Rebekah, is the company's chief ...

Sep 13, 2019
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WeWork May Slash Valuation, Delay IPO After Prospectus Underwhelms Investors
News

WeWork May Slash Valuation, Delay IPO After Prospectus Underwhelms Investors

... platform SoftBank has been the primary driving force behind WeWork's sky-high valuation through billions of dollars from ... $6B — provided the startup can raise at least $3B. WeWork and SoftBank executives also discussed the possibility that SoftBank could ...

Sep 05, 2019
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Amol Sarva, Knotel
News

WeWork, Knotel Skip Some Rent Payments, Look To Reduce Portfolios

... with layoffs and financial fallouts amid the coronavirus crisis. WeWork and Knotel were financially strained before the coronavirus hit, ... since before the outbreak, The Wall Street Journal reported.  WeWork recently cut rent up to 50% for tenants that were ...

Apr 09, 2020
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WeWork CEO Says 'Least Engaged' Employees Prefer Working From Home
News

WeWork CEO Says 'Least Engaged' Employees Prefer Working From Home

... is a thorny question for companies everywhere, but to WeWork CEO Sandeep Mathrani, there is a clear connection between ... support that point, and one such study was conducted by WeWork itself, in collaboration with Workplace Intelligence. That study concluded ...

May 13, 2021
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business, meeting, deals, career, job, workplace, handshake
News

WeWork Hires Former EY Executive As New COO

... also previously a partner at The Boston Consulting Group, per WeWork's release. The announcement comes just weeks after the ... to a takeover from Japanese investment giant SoftBank Group. WeWork also expects to soon hire a new chief financial officer ...

Feb 20, 2020
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WeWork's Losses Doubled In 2018, Reaching Nearly $2B
News

WeWork's Losses Doubled In 2018, Reaching Nearly $2B

... line, the WSJ reports, is the massive interest payments WeWork has incurred from debt investments like the aforementioned bond ... offering. SoftBank, which has been WeWork's largest investor through its Vision Fund, has been ...

Mar 26, 2019
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609 Main
News

WeWork Opens Second Location In Downtown Houston

... Building at 709 Main St. Other local locations include WeWork Galleria Office Tower 1 and 1725 Hughes Landing in The ... Woodlands.   “Houston is a thriving business hub and innovative city,” WeWork General Manager Nathan Lenahan said in a release. “We are ...

Jul 08, 2019
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WeWork Hires Veteran CRE Exec As New CEO
News

WeWork Hires Veteran CRE Exec As New CEO

... , who is also the chief operating officer of SoftBank Group, WeWork's majority owner. A well-regarded CRE executive, Mathrani oversaw ... school, WeGrow. Mathrani will be the second permanent CEO in WeWork’s history after Neumann led the New York-based company ...

Feb 01, 2020
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HQ By WeWork, the new business line from the coworking giant aimed at medium-sized companies.
News

WeWork Looks To Siphon Tenants From Competitors Using Hefty Broker Commissions

... capital, particularly from Japanese investor SoftBank. In March, WeWork made another play at brokers, offering to give brokers at ... lease for small offices at a traditional WeWork, HQ by WeWork will be at spaces WeWork leases with a landlord, and designed ...

Aug 26, 2018
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