#WeWork killed Adam Neumann’s 5M consulting gig, exec says

#WeWork killed Adam Neumann’s $185M consulting gig, exec says

“#WeWork killed Adam Neumann’s $185M consulting gig, exec says” Adam Neumann’s golden parachute just lost nine figures. The erstwhile founder and CEO of WeWork appears to have had his $185 million consulting fee yanked, according to his replacement who claimed on Monday that Neumann violated an agreement with WeWork’s owner, Japanese conglomerate SoftBank. “I don’t…

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#WeWork parent moves to restore WeWork as its official name

#WeWork parent moves to restore WeWork as its official name

“#WeWork parent moves to restore WeWork as its official name” The We Company, parent of money-losing shared office provider WeWork, which last year yanked plans to go public after harsh criticism over its business model and erratic management, is dropping the “we” moniker to revert to its better-known name, according to an internal memo seen…

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#SoftBank’s Vision Fund to launch its own blank-check company

#SoftBank’s Vision Fund to launch its own blank-check company

“#SoftBank’s Vision Fund to launch its own blank-check company” SoftBank is hopping on the blank-check company bandwagon. The Japanese finance giant known for big bets on startups such as WeWork and Uber is planning to launch its own special-purpose acquisition company, an investment vehicle favored by a growing number of billionaires, according to reports. SoftBank’s…

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