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WeWork

WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoil

WeWork CEO Adam Neumann founded the company and built it to what it is today. But his leadership has also come under fierce criticism.

2019-09-23

Meet Ron Fisher, a SoftBank exec behind WeWork's $47 billion valuation

Ron Fisher led Vision Fund's multiple investments in the coworking startup and is one of only six members of its board.

2019-09-19

Rebekah Neumann demanded WeWork employees be fired over 'energy': WSJ

The Wall Street Journal reported that Rebekah "pushes to infuse spiritualism in We," according to former employees who worked with her.

2019-09-19

WeWork CEO Adam Neumann smoked weed on private jet, report says

The flight crew found a "sizable chunk" of weed "stuffed in a cereal box" on board, the Wall Street Journal reported.

2019-09-19

WeWork CEO gave employees tequila shots after cost-cutting layoffs

Adam Neumann had asked WeWork staff to fire 20% of the company's employees each year, The Wall Street Journal reported.

2019-09-19

WeWork CEO gave employees tequila shots after cost cutting layoffs

Adam Neumann reportedly asked WeWork members to fire 20 percent of the company's employees each year.

2019-09-19

NYU professor slams WeWork IPO as 'botox on a lame unicorn'

"The price will be artificial, sitting on a throne of lies, and the eventual stampede for the exit by Softbank and others," he wrote in a Twitter thread.

2019-09-16

WeWork may try to wrap its roadshow and price its IPO before the Jewish New Year on September 29

WeWork CEO Adam Neumann reportedly wants to wrap the roadshow and price the IPO before the two-day Jewish holiday of Rosh Hashanah.

2019-09-12

WeWork return to junk bonds isn't working amid IPO valuation fears

"The whole company is built on continuously sourcing money from different investors based on higher and higher valuations."

2019-09-11

Adam Neumann could lose billions if WeWork IPOs at lower valuation

Adam Neumann's exact stake in WeWork is unknown, but based on some of the available info, we can estimate how bad the smaller IPO will be for him.

2019-09-11

SoftBank will likely find investors for Vision Fund II, despite WeWork

Two of SoftBank's biggest investments are struggling to find favor with public investors. But its next big fund is likely still on track.

2019-09-10

WeWork reportedly pressured by SoftBank to shelve IPO

WeWork's chilly reception on Wall Street reportedly has SoftBank asking to hit the brakes on the IPO.

2019-09-10

Mutual funds like Fidelity's famed Contrafund have slashed valuations on their WeWork stakes

Mutual funds have wide-ranging views on where WeWork should be valued. But they all agree that it's a real estate company.

2019-09-07

Comp expert calls WeWork CEO's compensation plan 'unsettling'

No sooner did Adam Neumann get a giant package of options, he found a way to make his compensation package even better.

2019-08-29

WeWork's $47 billion, $4 billion lease disparity a recipe for disaster

The two numbers illustrate just what kind of business it's in — and their huge difference in size show its risks.

2019-08-22

WeWeek, how Google Cloud pays its salespeople, and Ancestry DNA's ambitions

The business stories you need to read this week, covering the latest on big deals of the past few days, Google Cloud, and Ancestry DNA.

2019-08-18

Here's who gets rich if WeWork has a successful IPO

If investors love the idea of buying WeWork's parent company, We, when it goes public, a handful of people and investors stand to make a killing.

2019-08-15

WeWork CEO Adam Neumann's stock gives him 20 votes per share

WeWork joins a growing number of companies that give extra votes to insiders. But CEO Adam Neumann will have more votes than his peers.

2019-08-15

Meet Rebekah Paltrow Neumann, the former actress who cofounded WeWork

Rebekah Paltrow Neumann once wanted to be an actress. Later, a yoga teacher. Instead, she cofounded WeWork.

2019-08-15

WeWork details CEO Adam Neumann's web of loans, real estate deals, and family involvement with the company

WeWork CEO Adam Neumann has raised eyebrows with his real estate ties with the company. A filing with the SEC sheds more light on Neumann's positions.

2019-08-15
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