Wework
Infrastructure
WeWork's ill-fated IPO shows market discipline: Oaktree's Marks
WeWork’s failure to go public and this year’s disappointing tech IPOs in the United States are a positive sign of ......
Consumer
Accel leads Series B funding in furniture rental startup CasaOne
CasaOne, a Bengaluru- and San Francisco-based furniture rental startup, has raised $16 million (Rs 114.96 crore at current exchange rate) ......
Infrastructure
WeWork to lay off 2,400 employees in SoftBank revamp
WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......
Finance
Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall
A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
Infrastructure
WeWork starts hunt for a new CEO
WeWork has started a search for a new chief executive following the departure of co-founder Adam Neumann, people familiar with ......
Finance
Management guru Ram Charan on how founders, investors can avoid succession issues
A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......
Finance
SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble
SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a ......
Infrastructure
What led WeWork to accept SoftBank offer
Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation ......
Infrastructure
SoftBank to write down at least $5 bn for WeWork, Uber, other losses
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......