SoftBank's legal spat with Adam Neumann doubles down on the tech investor's tarnished brand and shows it has largely given up hope of saving its Silicon Valley reputation

Business Insider

07 May 2020 0 shares 1 views

SoftBank's legal spat with Adam Neumann doubles down on the tech investor's tarnished brand and shows it has largely given up hope of saving its Silicon Valley reputation

Business Insider

Published 07 May 2020

· A lawsuit filed by former WeWork CEO Adam Neumann this week contains allegations unlikely to help the tech giant's already tarnished reputation among startup founders, according to industry insiders.
· The lawsuit alleges that SoftBank removed Neumann's required signature when he refused to agree to change the terms of a...

Full Article

Related news coverage

WeWork is grappling with a fresh setback after the pandemic emptied offices. Here's the latest on job cuts, financials, and legal battles.

Business Insider 28 May 2020

· WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was..

SoftBank-backed companies laid off more than 11,000 people in 2020 as the pandemic ravages startups

Business Insider

18 May 2020

10 investors were lined up to sell $2 billion in WeWork stock before SoftBank pulled the plug. Leaked data shows who's most at risk if the coworking giant can't stop its skid.

Business Insider

12 May 2020

Goldman Sachs is going through a huge transformation under CEO David Solomon

Business Insider

09 May 2020

The coronavirus is the latest setback for WeWork. Here's what it means for the coworking giant's staff, landlords, and investors.

Business Insider

16 May 2020

More coverage

Blackstone's real-estate dealmakers; the investment banker of the future

Business Insider 09 May 2020

Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep..

SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year. Here's everything we know.

Business Insider

08 May 2020

The tide has turned against WeWork after a botched IPO attempt — now its trouble is deepening. Here's everything that's going on inside the coworking giant.

Business Insider

04 May 2020

SoftBank's legal spat with Adam Neumann doubles down on the tech investor's tarnished brand and shows it has largely given up hope of saving its Silicon Valley reputation

SoftBank's legal spat with Adam Neumann doubles down on the tech investor's tarnished brand and shows it has largely given up hope of saving its Silicon Valley reputation

You might like

Related news coverage

WeWork is grappling with a fresh setback after the pandemic emptied offices. Here's the latest on job cuts, financials, and legal battles.

SoftBank-backed companies laid off more than 11,000 people in 2020 as the pandemic ravages startups

10 investors were lined up to sell $2 billion in WeWork stock before SoftBank pulled the plug. Leaked data shows who's most at risk if the coworking giant can't stop its skid.

Goldman Sachs is going through a huge transformation under CEO David Solomon

The coronavirus is the latest setback for WeWork. Here's what it means for the coworking giant's staff, landlords, and investors.

Advertisement

More coverage

Blackstone's real-estate dealmakers; the investment banker of the future

SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year. Here's everything we know.

The tide has turned against WeWork after a botched IPO attempt — now its trouble is deepening. Here's everything that's going on inside the coworking giant.