Softbank scales back WeWork investment to $2 bn

It seems CEO Adam Neumann owns some of the buildings WeWork leases. WeWork is quietly trying to take over . . . everything. As we wrote last week, thanks to a new (financially disappointing) investment from Softbank, the company has big ambitions to take over nearly every aspect of life–including real estate and education. That real estate is integral to its success, as WeWork needs to lease spaces in order to provide its myriad services. And it turns out that WeWork’s CEO Adam Neumann reportedly co-owns some of the very properties the company uses, according to the Wall Street Journal.Read Full Story

Softbank scales back WeWork investment to $2 bn

Japanese technology giant SoftBank has invested $2 billion in shared-office provider WeWork, considerably less than the US start-up was hoping for to fund its expansion.

Thu 10 Jan 19 from Phys.org

We Company CEO in hot water over being both a tenant and a landlord

The company formerly known as WeWork has come under scrutiny for potential conflict of interest issues regarding CEO Adam Neumann’s partial ownership of three properties where WeWork is ...

12 hours ago from TechCrunch

WeWork gets into the food business, backing the superfood startup of big wave surfer Laird Hamilton

WeWork CEO Adam Neumann has been described as an avid surfer, one who has been known to grab his board and go, both in the Hamptons in Long Island, where he reportedly owns a home, as well as ...

Fri 11 Jan 19 from TechCrunch

WeWork CEO’s side hustle is being WeWork’s landlord: report

It seems CEO Adam Neumann owns some of the buildings WeWork leases. WeWork is quietly trying to take over . . . everything. As we wrote last week, thanks to a new (financially disappointing) ...

16 hours ago from Fastcompany Tech

WeWork is investing in superfoods now

If you have a WeWork membership, get ready to fuel your next work session with some of Laird Superfood’s products. It feels like only yesterday that people were investing in an unknown ...

Fri 11 Jan 19 from Fastcompany Tech

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