WeWork, valued at $47B in 2019, files for Chapter 11 bankruptcy protection for its US and Canada locations, and reports liabilities ranging from $10B to $50B
The company reported liabilities ranging … Kritikopoulos Spiros : Today's diamonds may easily end up tomorrow's coal! Jerry Kallas : The company leases millions of square feet of office space in 777 l...
By capitalizing on crypto lending services' high interest rate promises, 3AC's founders played the bubble perfectly, getting rich as 3AC's lenders went bankrupt
Matt Levine / Bloomberg : Mastodon: @carnage4life@mas.to . Tweets: @business , @rr_edmonds , and @matt_levine Mastodon: Dare Obasanjo / @carnage4life@mas.to : A fun but cynical take from Matt Levine....
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
Flowcarbon, a blockchain-based carbon credit trading service backed by WeWork's Neumann, raises $32M led by a16z and $38M from selling its Goddess Nature Token
When I was 22, I spent several months working in the field in South Africa. Jamie Redman / Bitcoin News : Wework Co-Founder Adam Neumann's Crypto Project Secures $70M, Funding Round Led by A16z Luiz R...
Flowcarbon, a blockchain-based carbon credit trading service, raises $32M led by a16z and $38M from selling its Goddess Nature Token
LONDON (Reuters) - Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million …
SoftBank forecasts a $7B net loss for the year ending in March, due to coronavirus and losses related to WeWork, and expects an operating loss of $12.5B
then its share price pumped TechCrunch : SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments Sam Nussey / Reuters : SoftBank shares fall 3.5% after flagging first fi...
Oyo's founder borrowed $2B to buy Oyo shares as its valuation soared, with loans personally guaranteed by Masayoshi Son, leading to a messy ordeal amid pandemic
Bloomberg : Tweets: @markets , @pelstrom , and @carnage4life . Thanks: @pelstrom Tweets: @markets : Masayoshi Son's $2 billion guarantee to a star entrepreneur is at risk as Ritesh Agarwal's Oyo hote...
WeWork announces sweeping corporate governance changes in amended S-1; sources: WeWork is now seeking a valuation as low as $10B to $12B in its IPO
Supervoting shares (for Adam Neumann and others) are now 10 votes, not 20 — Rebekah, his wife and WeWork cofounder, no longer has role in picking his successor — they'll add independent board member h...
Sources: WeWork is considering seeking a valuation of ~$20B-$30B in its US IPO, marking a significant reduction from an earlier valuation of $47B
Data Sheet New York Times : WeWork Parent Considers Reducing Valuation Before I.P.O. Thomas Franck / CNBC : WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak d...
WeWork files to raise $1B in an IPO, reports a $904M net loss on around $1.5B in revenue for first half of 2019
WeWork parent The We Company is about to achieve … Stephen Gandel / CBS News : WeWork IPO filing shows it's losing nearly $5,200 per customer Chris O'Brien / VentureBeat : WeWork IPO filing hypes tran...