You Searched For "bowx" and got 20 results
Sort By:
1 min read
BowX jumps on reports it will take WeWork public via SPAC merger
The blank-check firm jumped nearly 7% in early trading on Friday on reports it will give WeWork a s…
Emily Graffeo
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
WeWork cut two-thirds of its staff as its valuation plunged $38 billion, the startup revealed in a new pitch to investors
More than 8,000 people lost their jobs in the past year and a half at WeWork, as the company trimme…
Natasha Dailey
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…
1 min read
WeWork commanded a $47 billion valuation at its peak. It's crashed over 99% since then - and could now file for bankruptcy, reports say
The commercial real-estate startup's shares have crashed 99% since it made its stock-market debut i…
George Glover
3 mins read
WeWork bankruptcy: One of the biggest startup failures of all time, and venture capitalists haven't learned a thing.
WeWork's financial decline, and likely bankruptcy, may have left some VC firms with losses. The ind…
Julie Bort
2 mins read
WeWork has frittered away $46.7 billion in value as the stock sinks below 50 cents, one of the biggest startup failures of all time, and venture capitalists haven't learned a thing
Beyond Softbank, VCs such as Benchmark and Insight Partners still hold significant stakes in WeWork…
Julie Bort
1 min read
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
2 mins read
WeWork is set to go public via a SPAC deal in October - 2 years after its disastrous IPO attempt
The shared-workspace company expects to list its shares on the New York Stock Exchange under the "W…
Shalini Nagarajan
2 mins read
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
2 mins read
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…
Kate Duffy
2 mins read
Here's your first look at Apple TV's upcoming WeWork biopic series, starring Jared Leto as ousted CEO Adam Neumann
The show chronicles the rise and fall of WeWork while exploring the relationship between Neumann an…
Francis Agustin
2 mins read
10 things before the opening bell
Trump's social media platform agrees to SPAC deal, Evergrande beats payment deadline, and Fed bans …
Phil Rosen
1 min read
WeWork lost $2 billion in a quarter and 200,0000 members in a pandemic-hit year, it said ahead of its stock market debut
Ousted WeWork cofounder Adam Neumann's $500 million settlement with WeWork contributed to the compa…
Kate Duffy
2 mins read
US stocks climb after Evergrande sell-off as investors look to Fed meeting
Investors are closely watching the two-day meeting of the FOMC for clues from Fed officials on the …
Isabelle Lee
2 mins read
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
2 mins read
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
2 mins read
Co-working space startup WeWork India raises ₹200 crore, aims to be profitable this year
Co-working major WeWork India on Monday said it has raised ₹200 crore from investors, through a mix…
5 mins read
WeWork released an investor deck outlining ambitious occupancy projections ahead of a proposed SPAC deal. Here are 4 big takeaways.
WeWork is prepping for a quick return to the office this year that will make the company profitable…
Alex Nicoll,Daniel Geiger
2 mins read
10 things in tech you need to know today
Amazon workers cast their votes, SNL explains NFTs, and we composed a Google org chart: Here are th…