✉news BusinessStartups first seen 23 h ago, last 20 h ago, peak #26
Adam Neumann blames a car ride with Masayoshi Son for WeWork's collapse
Original: Adam Neumann says a car ride with Masayoshi Son is when WeWork's $47 billion collapse began
Adam Neumann, the co-founder of WeWork, says the company's downfall began during a car ride with SoftBank chief Masayoshi Son. WeWork once valued at $47 billion collapsed after its failed 2019 IPO attempt. Neumann's account of his dealings with Son renews attention on one of the most spectacular failures in startup history.
Why now: Neumann is publicly revisiting his account of the WeWork collapse, drawing renewed interest in the SoftBank relationship.
Adam NeumannMasayoshi SonWeWorkSoftBank
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Evidence
- Adam Neumann says a car ride with Masayoshi Son is when WeWork's $47 billion collapse began · fortune.com
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