the we company
It’s been less than two years since WeWork announced the acquisition of SEO and content marketing company Conductor — but those two years have been bumpy, to say the least.…
New York State Attorney General reportedly investigating WeWork
WeWork is reportedly being investigated by the New York State Attorney General. According to Reuters, the NYAG’s questions include if WeWork founder and former CEO Adam Neumann engaged in self-dealing.…
SoftBank says it has now invested $18.5 billion in WeWork, ‘more than the GDP’ of Bolivia, which has 11.5 million people
Yesterday, in addressing nervous WeWork employees at an all-hands, the company’s new chairman, SoftBank executive Marcelo Claure, told those gathered that their days of worrying are over, says Recode, which…
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SoftBank reportedly ends WeWork ownership debacle with a potential $1.7 billion windfall for Adam Neumann
After erasing more than $30 billion in projected shareholder value, Adam Neumann could walk away from the We Company with a windfall of as much as $1.7 billion, according to…
Report: SoftBank is taking control of WeWork at an ~$8B valuation
SoftBank expected to inject as much as $5B in the struggling business.
Adam Neumann planned for his children and grandchildren to control WeWork
WeWork co-founder Adam Neumann didn’t plan for his family’s control of WeWork to end at his death but instead expected to pass that control to future generations of Neumanns, too,…
After postponing its IPO, WeWork is making big cuts.
Two weeks after WeWork CEO Adam Neumann resigned, layoffs are expected.
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you…
WeWork’s parent organization The We Company just announced that it’s withdrawing the S-1 filing for its IPO. The co-working company has had a turbulent month since the filing went public, around both…
What’s the lesson of WeWork? Here’s a startup that has been a darling of Silicon Valley investors for years, whose offices and CEO have been stunningly painted across the covers…
WeWork’s Adam Neumann to become executive chairman.
Daily Crunch: WeWork CEO faces investor pressure
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you…
As Adam Neumann reportedly faces pressure to step down; it’s looking like a fight for life between WeWork and SoftBank
According to a new WSJ report, certain members of WeWork’s board, which includes co-founder and CEO Adam Neumann, are planning to pressure Neumann to step down and instead become We’s…
Under pressure, The We Company now only says it expects to go public ‘by the end of the year’
The We Company, beleaguered parent of the short-term real estate property management and development company WeWork and other We-related subsidiaries, has issued a statement that says it “expects” to complete…
WeWork loses its chief communications officer ahead of planned IPO
It could just be a better job offer, but WeWork’s top communications executive, Jennifer Skyler, has announced to her contacts that she is leaving the co-working giant to become the…
Troubles keep mounting for The We Company as SoftBank reportedly calls for shelving the IPO
The troubles for The We Company and its main business WeWork are mounting as the Financial Times is reporting that the company’s main backer, SoftBank, is pushing for the company to…
We Company reportedly mulls slashing its valuation ahead of its initial public offering
The Wall Street Journal is reporting that the company formerly known as WeWork is considering slashing its valuation as it looks to woo public market investors. The company is reportedly considering…
We Company adds a director, ditches its $5.9 million naming deal with its CEO, remains a governance nightmare
The company formerly known as WeWork, in an amendment to the S-1 that launched dozens of critical headlines, says it has added a new director to its board and unwound…
WeWork, now known as The We Company, announced this morning the acquisition of a rival co-working business, Spacious. The three-year-old, New York-based startup turns restaurants that sit empty during the day…