WeWork

20 stories about WeWork
חללי עבודה wework ניו יורק

SoftBank Considers Increasing Stake in WeWork Via Financing Plan, Report Says

15.10.19|CTech
WeWork, whose attractiveness to investors plummeted following its disastrous attempt to go public in September and the sidelining of its once esteemed co-founder and CEO Adam Neumann, is strapped for cash
ג'ונס JONES עמרי שטרן מיכאל רודמן

WeWork Backs Realty Startup Jones in $4.6 Million Round

13.10.19|Raphael Kahan
Jones develops a software service that handles liability insurance management for the commercial real estate industry
אדם נוימן מייסד ו מנכ"ל WeWork 2017

Forbes Writes Adam Neumann Off Billionaires List

11.10.19|CTech
The coworking magnate's estimated net worth has gone from $4.1 billion to $600 million following WeWork's botched IPO attempt
WeWork ניו יורק

WeWork Puts Planned Israeli Co-Living Projects on Hold

06.10.19|Shlomit Tsur
The co-working giant had three Israeli co-living spaces in the pipeline, but then came September’s failed initial public offering attempt and the subsequent ousting of co-founder and CEO Adam Neumann
חללי עבודה wework ניו יורק

WeWork to Cut 2,000 Jobs by End of Month, Report Says

06.10.19|CTech
The co-working company is cutting its workforce following its catastrophic IPO attempt, Bloomberg reported Thursday
אדם נוימן מייסד ו מנכ"ל WeWork 2017

WeWork’s Next Challenge: Get Off the Steroids

26.09.19|Sophie Shulman and Omer Kabir
SoftBank invested over $10 billion in WeWork, enabling the company’s meteoric growth—and its massive debt. The successors of ousted CEO Adam Neumann will need to halt that growth and even start pruning if they want the company to last
אדם נוימן 20.7.19 WeWork

WeWork’s Problems Are Bigger Than Neumann

25.09.19|Sophie Shulman
WeWork’s co-founder is just a symptom: an enthusiastic young man who flew too high too fast with the support of his investors. SoftBank and WeWork’s real problem is the latter’s business model, and that’s going to be a lot harder to fix
אדם נוימן 20.7.19 WeWork

As Tensions Come to a Head, Adam Neumann Steps Down as WeWork CEO

25.09.19|CTech
He will be replaced by former chief financial officer Artie Minson and former vice-chairman Sebastian Gunningham, effective immediately
אדם נוימן 20.7.19 WeWork

WeWork CEO Adam Neumann Begins Talks About his Role, Report Says

24.09.19|CTech
After a week of reports that hinted at Neumann’s dwindling support among board members and shareholders, Reuters reported Monday the founder could end up stepping down
אדם נוימן מייסד ו מנכ"ל WeWork 2017

SoftBank CEO Joins Call to Remove WeWork’s Adam Neumann as CEO, Report Says

23.09.19|CTech
SoftBank believes a change in WeWork's leadership will be "for the long-term benefit" of the company, according to CNBC
אדם נוימן 20.7.19 WeWork

WeWork’s IPO Backpaddling Leaves Israel’s Two Largest Banks at Risk

22.09.19|Golan Hazani and Sophie Shulman
The banking consortium that provided WeWork CEO Adam Neumann with a $500 million credit line and is now looking to revise the terms includes Israel’s Bank Leumi and Bank Hapoalim
אדם נוימן 20.7.19 WeWork

Update: With a Slashed Valuation, WeWork Confirms it Is Postponing its IPO

17.09.19|CTech
WeWork had planned to begin its IPO roadshow next week on Monday, but is likely to shelve it until at least next month, The Wall Street Journal reported Tuesday
אדם נוימן 20.7.19 WeWork

SoftBank to Use WeWork IPO to Increase Stake, Report Says

15.09.19|CTech
On Tuesday, Reuters reported that SoftBank is pressuring the co-working giant to shelve its IPO due to its drastically slashed target valuation
אדם נוימן מייסד ו מנכ"ל WeWork 2017

Despite SoftBank’s Pressure, WeWork Moves Ahead With IPO, Report Says

11.09.19|CTech
WeWork has now further cut its target valuation to between $15 billion and $18 billion, Reuters reported
מאסיושי סון מסיושי מאסאיושי מייסד סופטבנק פברואר 2019

SoftBank Pressures WeWork to Suspend IPO, Report Says

10.09.19|CTech
The move came after WeWork started considering listing at a valuation of $15 billion to $20 billion, according to a report by the Financial Times
אדם נוימן מייסד מנכ"ל וויוורק Wework 2018

WeWork Considers Cutting IPO Valuation Under $20 Billion, Report Says

09.09.19|CTech
Some existing shareholders are pushing the company to cancel the IPO, the Wall Street Journal reported Sunday
מאסיושי סון מייסד סופטבנק

WeWork's Troubles, SoftBank's Problem

08.09.19|Sophie Shulman
SoftBank has already been burned by the lackluster IPOs of Uber and Slack. The current chaos surrounding WeWork’s upcoming IPO and the cut to its valuation could call SoftBank’s business model into question
אדם נוימן 20.7.19 WeWork

The Holes in WeWork’s Colorful Prospectus

18.08.19|Sophie Shulman
WeWork’s prospectus does not provide enough information for anyone looking to gain a deep understanding of the company’s business model. Will Adam Neumann’s charisma and vision be enough for investors?
אדם נוימן 20.7.19 WeWork

WeWork’s Prospectus: No Big Reveals, but the Devil Is in the Details

15.08.19|Sophie Schulman
WeWork’s IPO prospectus, published Wednesday, shows that the company’s losses continue to grow, but its revenues are growing even quicker. Will that be enough to sway investors?
אדם נוימן מייסד מנכ"ל וויוורק Wework 2018

Wework Submits IPO Prospectus

14.08.19|CTech
The company saw $1.54 billion in revenues and a net loss of over $900 million during the first half of 2019