WeWork's toxic phone booths were created in-house by its 'Powered by We' business - Business Insider

. that Softbank's headquarters in Tokyo will be using this service, and he'll be pressing it on SoftBank's portfolio companies. However, under former CEO Adam Neumann, the program grew "hubris driven" when this team decided to sell additional services.

Because WeWork is a real estate management company, not a product manufacturer, it had no systems in place for supply chain management, this person said. Once the design team finished a design, they punted the project to the finance team to handle hiring vendors, another person, familiar with the process said.

So the people trying to determine what materials were used in phone booths couldn't easily determine that.The problematic booths look nearly identical to the ones made in Europe by Studiobricks.Studiobricks logo on the side of phone boothThe Chinese look-alikes do not have Studiobricks logo, nor do they have any other manufacturer's logo easily visible, one of the sources told Business Insider.

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Saudi Arabia forum largely ignores SoftBank's Son after WeWork fail - Business InsiderTwo of SoftBank Vision Fund's largest backers, from Saudi Arabia and Abu Dhabi, haven't yet decided if they will invest in the second Vision Fund. Probably they were afraid Masa would ask them to empty their pockets
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