aBuyout WeWork for $500M With Billions Losses - Adam, What Kind of Joke Is This?
Yesterday it was announced that, according to some sources, Adam Neumann wants to buy his long lost child WeWork back for $500M.
Once, WeWork was valued at almost $50B with their "We" cult, like #WeLive , #WeGrow ,nd the general idea of "We" and building a new world of "global citizens."
Just several years later, and we saw $WE dropping 98% in the 2023 (from $520 at its peak to almost zero), followed by a bankruptcy filing.
And now Adam is going to buyout WeWork for some $500M and with no compensation? So you can just leave your company (with a settlement also) and then buy it back when it's on its lows? What are you planning to do, Adam? #business