Office rental startup Knotel bragged it was a nearly-profitable, anti-WeWork. Now lawsuits are stacking up. 12 insiders reveal what happened to the $400 million Knotel said it raised last year.

Office rental startup Knotel bragged it was a nearly-profitable, anti-WeWork. Now lawsuits are stacking up. 12 insiders reveal what happened to the $400 million Knotel said it raised last year.

Business Insider

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· Knotel cofounder Amol Sarva had been vocal about his ambitions to overtake rival WeWork.
· Right after WeWork filed to go public last August, Knotel said it raised a $400 million Series C.
· But much of that money had strings attached to the lead investor, Kuwait's sovereign wealth fund, in an unusual deal structure. 
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