2 ms·
My guess is that they will restructure the whole thing to leave Neumann in charge of and owning some sort of parent WeGroup, which holds all the random stuff an
by twic 7y ago
My guess is that they will restructure the whole thing to leave Neumann in charge of and owning some sort of parent WeGroup, which holds all the random stuff and can continue to aim for raising the level of global consciousness or whatever, with the actual office leasing business, WeWork, being a subsidiary, with a single share class, a professional CEO, and a much more sensible story. Floating the WeWork subsidiary (at a valuation much less than the SoftBank highs) will let the parent company raise cash, which Neumann can then spend on cosmic alignment etc.