Ousted WeWork CEO Adam Neumann actually helped the company secure its SPAC merger, according to a report

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Nigeria News News

Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.

Neumann played up WeWork's prospects on the call and the conversation piqued Ranadivé's interest, the sources said.

The sources described the meeting between Neumann and Ranadivé on condition of anonymity. Representatives for Neumann, UBS, and SoftBank declined to comment. Ranadivé did not respond to multiple requests for comment. The Japanese tech investment giant pushed for his ousting before it took over WeWork in a $10 billion rescue financing deal in October 2019. It later

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Startup founder says WeWork acquisition almost destroyed his companyThe founder of a startup bought by WeWork describes how he almost destroyed his 7-year-old company in the span of 24 hours over one simple mistake So much for the 'we' he screwed all of his employees and walked away with billions. Watch the documentary on hulu I still think Masa destroyed We.
Source: BusinessInsider - 🏆 729. / 51 Read more »