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WeWork

20 stories about WeWork

חללי עבודה wework ניו יורק

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

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

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

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

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

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

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

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

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

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

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

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

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

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