Adam Neumann Abandons Plan to Reacquire WeWork
CREtech
Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Adam Neumann, co-founder of WeWork, has abandoned his bid to repurchase the company, bringing an end to his audacious attempt to regain control. Neumann, who left WeWork in 2019 amid pressure from investors, had hoped to revive the struggling company with a takeover bid through his new real estate venture, Flow. Despite offering over $500 million, WeWork…
