Adam Neumann is back in the shared economy business with an investment in GoTo Global
TechCrunch
Adam Neumann, the controversial co-founder and former CEO of WeWork, has taken a 33% equity stake in GoTo Global, a shared mobility company that operates in Israel and Malta and aims to expand into Europe later this year. Neumann’s family office, 166 2nd Financial Services, invested $10 million into GoTo Global as part of a $19 million Series B round. As part of his investment, Neumann will be able to appoint one board member on his behalf. Existing shareholder Shagrir Group Vehicle Services,…