Will Neumann’s Persistence Pays Off? New Venture Flow Could Offer $900 Million to Buy Back WeWork
Allwork
APRIL 18, 2024
Adam Neumann, the ousted CEO and cofounder of WeWork, is positioning his new venture Flow to potentially outbid rivals for the struggling coworking giant. WeWork has revealed its ambitious plan to exit Chapter 11 bankruptcy in the U.S. and Canada by May 31. However, according to a report published by The Financial Times , WeWork requires as much as $400 million to viably emerge from bankruptcy.
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