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Buying that stock would be akin to donating to a "Help Adam Neumann Buy Real Estate" GoFundMe campaign.
by reilly3000 7y ago
Buying that stock would be akin to donating to a "Help Adam Neumann Buy Real Estate" GoFundMe campaign.
- disillusioned 7y agoHe at least had the good sense to "allow" them to use "his" WE trademark without having to pay the $15M annual fee anymore!
- benj111 7y agoWas it an annual fee? Its seems like it was a 1 off payment of 'only' $5.9 million https://www.businessinsider.com/wework-ceo-gives-back-millions-from-we-trademark-after-criticism-2019-9?r=US&IR=T https://www.businessinsider.com/wework-ceo-gives-back-millio...
- v77 7y agoBloomberg mentioned that Neumann probably cost himself tens, if not hundreds, of millions of dollars because of the huge negative impact of that clause, given that most of his wealth is tied up in WeWork stock. And then he ended up cancelling the deal anyways.
- ynniv 7y agoWeFunder
- roland35 7y agoMaybe he calls it "WeToMe"?
- TheOtherHobbes 7y agoOr just "Me" for short.
- lapnitnelav 7y agoPixar style animation where the W of We flips on itself and become Me ;)
- ht85 7y agoQuick, register the "Me" trademark and sell it back to them.
- doctor_eval 7y agoGoFundWe