Tag: WeWork
IPO Bankers Face Headwinds From Silicon Valley to Saudi Arabia
(Bloomberg) --From Silicon Valley to Saudi Arabia, it’s been a tough year for IPO bankers.
Wall Street kicked off the year excited about money it...
Exits and Elevations: 5 CEOs Who Made Headlines in 2019
The year 2019 saw a many upheavals in the leadership of large corporation. While in some companies, it was plain old succession, in many,...
After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny
(Bloomberg) --In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. As...
SoftBank Is Eyeing Burgers, Digital Pharmacy for Second Vision Fund
(Bloomberg) --SoftBank Group Corp. is teeing up investments for the successor to its gargantuan Vision Fund. It’s in talks to back a pharmaceutical delivery...
WeWork Staff, Facing Job Cuts, Express Outrage at Founder Payout
(Bloomberg) --WeWork will narrowly avoid financial ruin and in the process, reward its former leader, Adam Neumann, with as much as $1.2 billion. The...
WeWork, WeWait, WeWorry: What’s Next for CEO Adam Neumann?
(Bloomberg) -- Steve Schwarzman has doubts. So does Larry Ellison. And so, too, do the growing numbers of Wall Street bankers and investors who...
This Isn’t Facebook: WeWork Gets a Lesson in Going Public
(Bloomberg) -- The message to Adam Neumann was clear: You’re not Zuckerberg.
Over the past month, as Neumann’s grandiose plans for We Co. started to...
Saudi-backed Softbank to invest total $10bn in WeWork
SoftBank, which has already invested more than $8bn in WeWork, had looked at spending $16bn to buy a larger position in the company.
SoftBank Group...