Tag Archives: Adam Neumann

‘Substantial doubt’ that WeWork can stay afloat, company says

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By WeWork’s own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital through debt or eq… Continue reading →

WeWork takes bite out of losses as debt overhaul starts to pay off in Q1

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The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning. Continue reading →

Forget Flow: These ‘Rental Rewards’ disruptors already flooded the zone

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Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the rental sector. Continue reading →

WeWork hits an earnings milestone in Q4 — but remains deep in the red

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The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday. Continue reading →

WeWork to close 40 locations across US amid otherwise promising Q3

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The co-working space lost $568 million in Q3, an improvement from the same period last year when it lost $802 million, according to earnings on Thursday. Its revenue hovered at $817 million, a 24 percent lift from 2021. Continue reading →

Venture capital firm behind Airbnb and Flow is now a landlord

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As part of making its largest investment ever in WeWork founder’s new real estate empire, Andreessen Horowitz obtained a share in thousands of apartment units, reports say. Continue reading →

What do we know about Adam Neumann’s new housing venture?

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From renters building equity to coworking space to easy moves across the country, we take a look at some of the possibilities for Flow after the WeWork co-founder pulled in a $350M check. Continue reading →