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News

WeWork Taps Former Oil Industry Exec As CFO

... only part of the company's reorganization after major investor SoftBank bailed it out last year. WeWork is also shedding non ...

Mar 02, 2020
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Jared Kushner
News

Jared Kushner Divests From Startup To Avoid Conflicts Of Interest

...  Andreessen Horowitz. A separate investment deal with Japanese company SoftBank was reportedly killed last year after Kushner did not divest ... during talks, Bloomberg reported at the time. SoftBank's Vision Fund is heavily backed by equity from ...

Feb 28, 2020
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WeWork Mid-Atlantic and Northeast General Manager Lex Miller.
News

WeWork’s D.C. Head Says It Will Grow Again, But Listless Office Market Isn’t Holding Its Breath

... public, the resignation of its founder and a takeover from SoftBank at a fraction of its previous valuation. Avison Young principal ...

Feb 25, 2020
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business, meeting, deals, career, job, workplace, handshake
News

WeWork Hires Former EY Executive As New COO

... , it had agreed to a takeover from Japanese investment giant SoftBank Group. WeWork also expects to soon hire a new chief ...

Feb 20, 2020
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Sustainable Packaging
News

Robots And Pizza Didn't Mix: Why Zume Pivoted To Mobile Kitchens And Pizza Boxes

The robot pizza startup made such a persuasive case that SoftBank Group, best known for its stalwart support of Uber and  ...

Feb 17, 2020
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Fast-Growing Hotel Disrupter Raises $30M As Its Business Model Gets Put To The Test
News

Fast-Growing Hotel Disrupter Raises $30M As Its Business Model Gets Put To The Test

... have eased away from pursuing rapid growth, including Sonder and SoftBank-backed hotel startup Oyo. Life House is geared toward independent ...

Jan 29, 2020
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Balloons Confetti
News

Airbnb Rival Domio Raises $100M To Fuel Expansion

... the latest round of funding, Series B, with Eldridge Industries, Softbank NY and Upper90 also participating, among other investors. The company ...

Dec 18, 2019
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WeWork And Ivanhoé’s $3B Property Buying Spree Is On Hold
News

WeWork And Ivanhoé’s $3B Property Buying Spree Is On Hold

... in September and its subsequent cash crunch and bailout by SoftBank. "Opportunities could come from existing owners with WeWork as a ...

Dec 11, 2019
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WeWork’s London Expansion Checked As Deals Cancelled
News

WeWork’s London Expansion Checked As Deals Cancelled

... to take a $9B bailout package from its main backer, SoftBank, to avoid running out of money before the end of ...

Dec 02, 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

... its former CEO Adam Neumann replaced, and a bailout from SoftBank, its main investor. In a $9.5B deal, the Japanese ...

Nov 08, 2019
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