WeWork's bankruptcy caps a years-long saga for Masayoshi Son, who overrode lieutenants' objections to hand Adam Neumann billions, losing SoftBank over $11.5B
- Co-working space's bankruptcy highlights billionaire's hubris — Few checks on SoftBank CEO as he prepares to go on offensive
Flow's Adam Neumann seems to have a conflict of interest given he is the largest investor in real estate tech startup Alfred and had board seats there until May
which sounds a lot like Marcela Sapone's company Alfred. @alexrkonrad @_IainMartin and @cfarivar have been working 'round the clock on this investigation. https://www.forbes.com/... @forbes : 1/2 Last...
Masayoshi Son used SoftBank's Vision Fund to build a society mediated by AI, but failed as he invested in firms with exploitative technology, not explorative
propped up Uber, Adam Neumann, and too many others with billions of dollars in easy money — and Ed's the guy to write about it. https://twitter.com/... Meghna Jayanth / @betterthemask : “But for many ...
Sources: SoftBank COO Marcelo Claure is leaving as soon as today; reports said Claure wanted $2B in compensation and clashed with Son over his responsibilities
- SoftBank COO Marcelo Claure is leaving SoftBank today, sources say. — Claure took over running WeWork after founder Adam Neumann stepped down.
How decision-making by Masayoshi Son, who estimated WeWork would be worth $10T by 2028 and wanted Adam Neumann to be “crazier”, led to WeWork's implosion
Wall Street Journal :
Justin Zhu, former Iterable CEO ousted for taking LSD before a meeting, on his disputes with key investors and the challenges of being Chinese in Silicon Valley
Justin Zhu, chief executive officer of digital marketing startup Iterable Inc., was walking down Broadway in San Francisco … Tweets: @ellenhuet , @chris_skinner , @jfberke , @markmilian , @kateclarktw...
Following SoftBank's first loss in 14 years, CEO Masayoshi Son says his WeWork bet was a mistake, describing it as a “harsh lesson”, and vows to move forward
Masayoshi Son defended the Japanese company's investment, while admitting he misjudged the American firm's founder, Adam Neumann.
WeWork co-founder Adam Neumann is resigning as CEO, will be nonexecutive chairman of We Co.; source: his voting shares will be reduced in power from 10:1 to 3:1
- WeWork CEO Adam Neumann will step down but retain his seat as nonexecutive chairman, the company says.
Sources: several WeWork directors, including SoftBank members, plan to push for Adam Neumann to step down as CEO
SoftBank officials are among those expected to push for Neumann ouster — A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive …
Profile of WeWork CEO Adam Neumann and his sometimes chaotic lifestyle, as sources detail worrying stories, like his wife firing multiple employees she just met
but thought that he needed to be crazier.” Dustin Volz / @dnvolz : The CEO of WeWork left a cereal box full of weed on a private jet last summer and ended up stranded in Israel when the jet's owner re...