Patrick Boyle On Finance

Adam Neumann Buying Back WeWork?

Feb 10, 2024 · 15 min · 11.0 MB
0:00-15:12

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Send us a textAdam Neumann has been trying to buy WeWork - the company he cofounded out of bankruptcy — allegedly with the help of the hedge fund manager Dan Loeb of Third Point.Neumann’s new real estate company "Flow" has sent a letter to WeWork requesting that they consider its takeover approach. Flow has already raised $350 million from the venture capital firm Andreessen Horowitz, disclosed in the letter that Loeb’s Third Point would help finance a transaction. The Financial Times c...