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WeWork gains 13% in long-awaited trading debut 2 years after failed IPO attempt
WeWork also reported preliminary third-quarter revenue of $658 million, up from $593 million in the…
Carla Mozée
WeWork files for bankruptcy but India's operations not affected
Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in…
Adam Neumann will reportedly leave WeWork's board for a year as part of his SoftBank settlement - and take home an extra $50 million payout
As part of the deal, SoftBank will also reportedly buy about $500 million of WeWork stock from Adam…
Grace Dean
WeWork will accept crypto as payment and hold digital currency on its balance sheet
WeWork is partnering with Coinbase to accept cryptocurrencies as payment. Coinbase, a WeWork client…
Will Daniel
WeWork has a hybrid work model where staff work 3 days in its central-London HQ, 1 day from a WeWork location, and 1 day at home
One WeWork general manager, Mathieu Proust, told Insider that hybrid working "is what the future is…
Kate Duffy
WeWork's valuation has fallen from $47 billion last year to $2.9 billion
WeWork's continued drop in value since December is due in part to the coronavirus pandemic, its con…
Bryan Pietsch
Former WeWork CEO Adam Neumann's friendly relationship with Jared Kushner reportedly led to meeting Trump and a White House visit
Former WeWork CEO Adam Neumann's friendly relationship with Jared Kushner eventually led him to mee…
Avery Hartmans
WeWork's earliest sales efforts involved pitching random people at Starbucks and poaching competitors' customers with offers of free rent, new book reveals
"Neumann was eager to rush these companies, and steal their tenants, before any presented a threat,…
Grace Kay,Sarah Jackson
Former Starbucks CEO Howard Schultz once reportedly advised Adam Neumann to stop growing WeWork so quickly and fix its problems. Neumann responded 'F--- that.'
Back in 2018, co-working startup WeWork was one of the most valuable private companies in the world…
Avery Hartmans
WeWork lost $3.2 billion last year. Now it wants to go public with a SPAC advised by Shaquille O'Neal
WeWork is hoping investors will help it go public at a valuation of $9 billion including debt, acco…
Tyler Sonnemaker
'Activate the space': WeWork founder Adam Neumann made staff sit at empty desks, throw parties, and play The Notorious B.I.G. when investors toured buildings, new book says
WeWork founder Adam Neumann's staff made workers fill empty desks, gather crowds, and play The Noto…
Sarah Jackson
WeWork has agreed to go public via a SPAC merger. The deal values it at $9 billion, less than a quarter of its 2019 valuation.
The merger with the BowX Acquisition Corp SPAC values WeWork at $9 billion, and comes two years aft…
Grace Dean
Ousted WeWork co-founder Adam Neumann is reportedly nearing a settlement in his dispute with SoftBank. He could get $500 million and remain a major shareholder.
The potential deal between Adam Neumann and Softbank, WeWork's owner, could pave the way for WeWork…