WeWork CEO Neumann says the company hit $2.5 billion in annualized revenue and has plenty of cash

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Even though WeWork took less money than expected from SoftBank, CEO Adam Neumann is touting the company's growth and says money is plentiful

 

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SoftBank has slashed a planned $16 billion mega-investment in WeWork after facing objections and will now invest $2 billionThe Japanese tech investor will put just $2 billion into WeWork, down from plans to invest $16 billion, according to the Financial Times. Wamp wamp! 🚨📉🕳
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It took a day for WeWork's CEO to recover from the shock of a $16 billion SoftBank investment falling apart, but he quickly salvaged $2 billionAfter hearing a $16 billion investment had fallen apart, CEO Adam Neumann was reportedly able to salvage $2 billion by refusing to accept the deal was completely dead.
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