You Searched For "Marcelo Claure" and got 20 results
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4 mins read
Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.
Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…
Vishal Persaud
2 mins read
Softbank will invest $100 million to make Miami a new tech hub
Softbank's COO says the Florida city has the right quality of life and tax structure to support a b…
Fatma Khaled
2 mins read
WeWork's chairman said Adam Neumann 'may have violated' the terms of his $185 million consulting contract with his former company, and that it's is no longer in effect
"Adam may have violated some of the parts of the consulting agreement, so that's no longer in effec…
Tyler Sonnemaker
1 min read
WeWork says it's a year closer to profitability than previously planned thanks to 8,400 job cuts
The office rental company controlled by SoftBank is eyeing smaller leases as companies establish sa…
Graham Rapier
3 mins read
WeWork chairman Marcelo Claure told staff he's trying to clean up WeWork, after firing 13 people for abusing vendor policies
Under Neumann, WeWork grew from an idea to 528 locations and 12,000 employees in nine years. The co…
Meghan Morris
4 mins read
WeWork files for bankruptcy in latest sign of commercial real estate reckoning
WeWork was once valued at $47 billion, but it's been in turmoil ever since its 2019 IPO fell apart.
Grace Kay,Meghan Morris,Huile…
1 min read
SoftBank commits $100 million to invest in companies led by black Americans and people of color: 'We need to do better'
The startup world is overwhelmingly white — just 1% of venture-backed American startups are led by …
Aaron Holmes
2 mins read
WeWork chairman posts photos from lavish, Michelin-starred dinner a day after his company began laying off 2,400 employees
In his Instagram stories, Claure posted a photo of the $110-per-person tasting menu at Michelin-sta…
Akin Oyedele
3 mins read
Read the email WeWork's co-CEOs sent to the troops after SoftBank brought in a new chairman to salvage the company
With this agreement, Marcelo Claure, SoftBank's COO, has been elected Executive Chairman of the WeW…
Julie Bort
2 mins read
Cash-strapped WeWork got an early SoftBank payment of $1.5 billion - and the board now controls Neumann's shares
Billionaire Bill Ackman said on Tuesday that WeWork has a high chance of going to "zero," speaking …
Yusuf Khan
2 mins read
Former WeWork CEO Adam Neumann reportedly hosted a 9 a.m. party for employees to celebrate the company going public
Neumann, who resigned as CEO in 2019, has a roughly 10% stake in the company.
Francis Agustin
2 mins read
Tech CEOs are savagely mocking WeWork's chief exec for saying the 'least engaged' employees enjoy working from home
Dara Khosrowshahi, the CEO of Uber, and Aaron Levie, the chief executive at Box, were quick to pile…
Avery Hartmans
1 min read
Tech CEOs including Google's Sundar, Salesforce's Marc Benioff, Microsoft's Satya Nadella congratulate outgoing Amazon CEO Jeff Bezos and his successor, Andy Jassy
On January 3, Jeff Bezos announced he would be stepping down as Amazon CEO later this year. Andy Ja…
Brittany Chang
2 mins read
WeWork execs are trying to reassure staff it still has access to billions of dollars in debt: Bloomberg
WeWork has struggled in the wake of its botched IPO last year, undergoing numerous executive reshuf…
Charlie Wood
3 mins read
Here are all the people SoftBank has trusted to turn WeWork around, including the 4 new executives it just announced
WeWork's additions to the executive team also illustrate how SoftBank is increasingly taking a dire…
Meghan Morris
3 mins read
WeWork to go public in $9 billion merger with Vivek Ranadive-led BowX
The transaction values WeWork at an initial enterprise value of approximately $9 billion, WeWork…
2 mins read
WeWork's board shakeup sees 3 longtime directors depart. Another is leaving in April, and the company is adding its first woman board member.
SoftBank's Ron Fisher, Rhône Group's Steve Langman, and former Goldman Sachs vice chairman Mark Sch…
Meghan Morris
3 mins read
10 things in tech you need to know today
In today's edition: Amazon Prime memberships will get more expensive, and an artist put an $11.7 mi…
Jordan Parker Erb
4 mins read
Inside WeWork's leaked all-staff meeting: The embattled company's path to profitability will focus on 6 pillars, and 4 men were named to executive roles
WeWork has big growth plans, according to sources familiar with the matter: it's going to double lo…