WeWork founder will get nearly $1.7 billion to let SoftBank take over his company
Photo by Kelly Sullivan / Getty Images for the WeWork Creator Awards Japanese telecommunications giant SoftBank is taking control of WeWork, and it’s giving WeWork founder Adam Neumann the equivalent of nearly $1.7 billion to sever most of his ties with the shared office space startup, according to The Wall Street Journal and the Financial Times. SoftBank will also spend up to $3 billion buying out shares owned by employees and early investors in the company, and it’s lining up some
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