1 year, 2 months ago

Adam Neumann wants to buy back WeWork. Does WeWork want Adam Neumann?

Adam Neumann’s $47 billion company WeWork was only sort of imaginary. But in the course of Neumann’s management, WeWork hit the skids, Neumann found himself pushed out, and the company’s value had slumped to a paltry $9 billion by the time it went public. One can imagine a natural reason why WeWork’s bankruptcy management team may not want to consider overtures by Adam Neumann, co-founder and former CEO of WeWork: He is the guy who oversaw the decline of this company in the first place and made more than a billion bucks doing it. The irony of WeWork’s bankruptcy is that it failed like a regular old company, not a venture capital darling whose eccentric boss became famous.

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