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Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the furnished units starts at $3,500 a month and includes hotel-style…
In a development that will surprise few, former WeWork CEO Adam Neumann’s climate/crypto/carbon-credit startup Flowcarbon appears to be in the process of curling up to die, Forbes reported today. Buyers of the outfit’s “Goddess Nature Token,” pitched as the first step in putting carbon credits on the blockchain, have reportedly been contacted about receiving refunds…
“Jared Leto, Anne Hathaway and the crash-and-burn WeWork disaster” The “train wreck” scenario is played to the hilt in “WeCrashed,” a new Apple TV+ drama about the rise and spectacular fall of WeWork, the revolutionary shared-workspace startup that flamed out in historic Wall Street fashion to the tune of billions. The series, based on on…
“#Neiman Marcus weighs possible sale of Bergdorf Goodman” Bergdorf Goodman is exploring a potential sale — and one possible outcome is that it moves to a surprising address nearby, The Post has learned. Neiman Marcus, which has owned the storied Fifth Avenue luxury mecca since 1972, has been interviewing bankers, including for a possible sale,…
“#WeWork posts best sales numbers since 2019 IPO implosion” WeWork posted its best sales numbers in almost two years as the company seeks to go public while recovering from the twin blows of the pandemic and the implosion of its attempted 2019 initial public offering. The news comes as the SoftBank-backed company prepares to go…
“#WeWork’s ousted CEO Adam Neumann gets fattened exit package” WeWork’s ousted CEO Adam Neumann might finally find the door with a renegotiated exit package. Neumann received a juiced-up stock award worth $245 million, on top of $200 million in cash, as part of a sweetheart exit package from the office rental company he led to…
“#WeWork said it lost over $2B last quarter as it prepares to go public” Office-leasing company WeWork lost over $2 billion in the first quarter of 2021, as it prepares to go public through a SPAC deal more than a year after it initially sought to IPO. The company reported a net loss of $2.06…
“#Ex WeWork ‘cult leader’ CEO Adam Neumann sells $22.4M estate” WeWork’s former CEO Adam Neumann just sold off his massive California estate for a whopping $22.4 million, The Post can report. Neumann, 41, initially purchased the property for $21.4 million in 2018, property records show. The sale follows a string of listings that the ex-chief…
“#Ex-WeWork CEO Adam Neumann plotting secret new ‘pandemic’ biz” Don’t count Adam Neumann out. The disgraced former WeWork CEO may have lost his empire, but an insider told The Post that Neumann, 41, is already plotting his mysterious next business move. “It involves what happened in the world because of the pandemic,” the insider said….
“#Adam Neumann’s role in SoftBank’s deal to take WeWork public” An unlikely figure helped set the spark for SoftBank Group’s $9 billion deal to take WeWork public. Adam Neumann, WeWork’s co-founder and ousted chief executive, met in November with the head of the special purpose acquisition company that would go on to clinch a deal…