If You Loved Free Kombucha At The Workplace, Surely You’ll Love Free Kombucha At Your Apartment
- Author:Jon Shazar
- Publish date:Jan 4, 2022
WeLive lives!
If you missed out on WeWork’s rise to become a $70 billion consciousness-raising and work-redefining epoch in history, and its subsequent fall to a $7.9 billion office subletting troubled SPAC target, well, you are in luck.
Entities tied to [WeWork founder Adam] Neumann have been quietly acquiring majority stakes in more than 4,000 apartments valued at more than $1 billion in Miami, Atlanta, Nashville, Tenn., Fort Lauderdale, Fla., and other U.S. cities, according to court, property and corporate records and people familiar with the transactions. Many of these investments occurred within the past year.
Mr. Neumann has told friends and associates of his ambitions to build a company that would shake up the rental-housing industry, say people familiar with the matter.
We’re sure Masa Son is thrilled with how Neumann is spending all that money he paid him to go away. Anyway, Adam, get on the horn with Bill Ackman: He may not have thought much of WeWork, but he fancies himself a bit of a residential real-estate disruptor, too.
WeWork Co-Founder Adam Neumann Is Becoming an Apartment Mogul [WSJ]
Tagsterms:WeWorkAdam Neumannreal estatesecond actsBy Jon ShazarThe Silicon Valley disruptor/kombucha distributor’s new high priest is, uh, a real-estate executive.
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NewsMasa Son Thinks $15 Billion May Actually Be Enough To Spend On $5 Billion CompanyOn second thought, SoftBank might not need the extra $3 billion in equity, thanks.
NewsLayoffs Watch ’19: WeWorkGood news: The company can still pay 80% of you (and also Adam Neumann) (for now).
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NewsMasayoshi Son Ready To Bring His Total Investment In WeWork To $15 Billion...At An $8 Billion Valuation, Because YOLOSoftBank is ready to fix WeWork because co-dependent relationships are toxic.
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Originally posted on: https://dealbreaker.com/2022/01/adam-neumann-apartment-company