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As a strong counterpoint, Adam Neumann lost $16B of Softbank's money and walked away with almost a billion of it himself personally. [0] He later raised 350m f
by tschwimmer 2y ago
As a strong counterpoint, Adam Neumann lost $16B of Softbank's money and walked away with almost a billion of it himself personally. [0]
He later raised 350m from A16Z[1], so this is not universally true and in fact is a pretty big counterpoint. Adam Neumann is about the worst founder you can fund (Maybe SBF is worse) and can still command vast sums from top tier VCs.
[0]https://www.calcalistech.com/ctechnews/article/a8vuka5hj https://www.calcalistech.com/ctechnews/article/a8vuka5hj
[1] https://www.google.com/search?q=adam+newman+new+company+fundraise&oq=adam+newman+new+company+fundraise&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigAdIBCDUwNjFqMGo3qAIAsAIA&sourceid=chrome&ie=UTF-8 https://www.google.com/search?q=adam+newman+new+company+fund...