Stung by WeWork, SoftBank boss Son charts more cautious IPO course
Fresh from the WeWork debacle, SoftBank CEO Masayoshi Son says he now aims to be more cautious about the timings of IPOs, a shift that could squeeze the Japanese company's funding and increase its reliance on its lower-growth telecom business......»»
SoftBank more cautious after WeWork - Softbank Latam partner
SoftBank Group Corp has been more cautious on assessing its investments after myriad governance problems and large losses forced WeWork to shelve IPO plans, Latin America Softbank managing partner Andre Maciel, said on Friday......»»
"The last person I felt this with was Jack Ma" — SoftBank"s Masayoshi Son reportedly compared WeWork"s Adam Neumann to Alibaba"s founder
Getty SoftBank CEO Masayoshi Son reportedly told WeWork's cofounder and former boss Adam Neumann that he reminded him of Alibaba's founder, the driving force behind Son's most successful investment ever. "The last.....»»
SoftBank To Give WeWork"s Adam Neumann Extra $50M As Part of Settlement Deal
WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»
WeWork"s Neumann nears settlement deal with SoftBank, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
SoftBank Nears Settlement With WeWork"s Adam Neumann: Report
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Adam Neumann of WeWork and SoftBank are in settlement talks
The dispute has stalled SoftBank’s efforts to take WeWork public......»»
Ousted WeWork co-founder Adam Neumann is reportedly nearing a settlement in his dispute with SoftBank. He could get $500 million and remain a major shareholder.
The potential d.....»»
WeWork"s Neumann Nears Deal To Settle With Softbank For $500MM, Retain "Major" Ownership Stake
WeWork's Neumann Nears Deal To Settle With Softbank For $500MM, Retain 'Major' Ownership Stake The former CEO and co-founder of WeWork, the tech/real-estate private company which saw its IPO implode back in 2019 (before talk of a.....»»
The Wall Street Journal: WeWork’s Adam Neumann close to settlement with SoftBank
WeWork co-founder and former Chief Executive Adam Neumann is in advanced tal.....»»
WeWork eyeing public SPAC debut in deal that could be worth $10 billion, report says
SoftBank, the majority owner of WeWork, marked down its valuation of the company to $2.9 billion amid the pandemic. A man walks past.....»»
"It"s noise in the background" — WeWork CEO on Neumann lawsuit against SoftBank
WeWork CEO Sandeep Mathrani tells "Squawk Box" he considers WeWork founder Adam Neumann's lawsuit against SoftBank "noise in the background" as he focuses on getting the company back on track......»»
Sandeep Mathrani"s first TV interview as WeWork"s CEO on future of work amid crisis
WeWork CEO Sandeep Mathrani joins "Squawk Box" for his first TV interview as chief executive to discuss the future of work during the coronavirus pandemic, how offices may evolve as well as founder Adam Neumann's lawsuit against SoftBank......»»
WeWork directors seek to preserve right to sue owner SoftBank
A special co.....»»
WeWork"s Adam Neumann once said he had a "beautiful relationship" with SoftBank"s Masa Son; now he calls out "abuse of power" in lawsuit filing
In the lawsuit.....»»
Ousted WeWork CEO Adam Neumann is suing SoftBank — Here"s why
Founder and former CEO of WeWork Adam Neumann is suing SoftBank, the company's biggest investor. CNBC's Deidre Bosa reports......»»
WeWork co-founder sues SoftBank over failed deal
WeWork co-founder Adam Neumann has accused one-time ally Softbank of abuse of power, filing a lawsuit against the company on Monday for pulling a deal to buy $3 billion of WeWork's shares from investors. Gloria Tso reports......»»
WeWork Co-Founder Adam Neumann Is Suing SoftBank For Backtracking On $3B Tender Offer
WeWork's co-founder and former CEO Adam Neumann on Monday sued SoftBank Group Corp. (OTC: SFTBY) for breach of contract. read more.....»»
The Wall Street Journal: WeWork co-founder Adam Neumann sues SoftBank over collapse of $3 billion deal
WeWork’s co-founder and former chief executive Adam Neumann sued SoftBank Group Corp., accusing the Japanese technology group of breaking a key provision of a deal that gave SoftBank control of the shared-office-space company......»»
WeWork co-founder Neumann sues SoftBank over failed tender offer
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startup's shareholders......»»
WeWork co-founder sues SoftBank over alleged abuse of power, FT says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»