In WeWorks heyday, the office was lit.
Neumann has a new real estate company calledFlow Global.
Its now clear that when he was referring to himself.
Co-Founder and Former CEO of WeWork, Adam Neumann.Photo: Shahar Azran (Getty Images)
The current owners of WeWork have reportedly been hesitant to sell out to Neumann.
However, with the current state of commercial real estate, the companys back may be against the wall.
The return of Neumann seems imminent, and hes coming to put kombucha back in our water fountains.
Elon Muskslawyer, Alex Spiro, is helping Neumann get his old company back.
DealBook published aletterfrom Spiro representing the former WeWork CEO on Tuesday.
Since Neumann co-founded WeWork in 2010,corporate real estate has completely changed.
WeWork was briefly the biggest tenant in many major working cities, with a valuation of$47 billion.
In 2024, owning an office building has become a terrible business.
Investorsquestioned whether WeWork was actually a tech company, and estimated its value as closer to $15 billion.
Neumann was ultimatelygiven millions of dollars to leave WeWork.
News from the future, delivered to your present.
