3 ms·
Will he continue to spray his new potential investigators with fire extinguishers to solidify potential rounds of funding? > In late 2015, WeWork was completin
by randycupertino 3y ago
Will he continue to spray his new potential investigators with fire extinguishers to solidify potential rounds of funding?
> In late 2015, WeWork was completing an investment round led by Beijing-based Hony Capital Ltd. that pushed its valuation to $16 billion. Mr. Neumann invited its CEO, John Zhao, to a party at 110 Wall Street, where WeWork was about to open its first WeLive dormlike apartment building. Toward the end of the night, Mr. Neumann led others to the roof of the 27-story building. There, guests passed around tequila shots. Mr. Neumann picked up a fire extinguisher and set it off, spraying Mr. Zhao and others with white foam.
> The deal went through. Mr. Zhao joined WeWork’s board in July 2016.
https://www.wsj.com/articles/the-money-men-who-enabled-adam-neumann-and-the-wework-debacle-11576299616 https://www.wsj.com/articles/the-money-men-who-enabled-adam-...
- JumpCrisscross 3y agoTo be completely honest, Neumann reminds me of Ian Schrager. He would run a fantastic club. Somehow, we’re in a world where clubs contain the C suite and are grafted on multi-billion dollar companies.