Adam Neumann, the disgraced former CEO and cofounder of WeWork, may soon have a massive payday as part of a possible settlement with SoftBank, the company's largest investor, but the amount under discussion is far less than the golden parachute originally offered.
Similar Stories to Former Wework Ceo In Talks To Get Nearly $500 Million In Softbank Settlement on Bing News
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Tue, 02/23/2021 - 12:29pm
BING NEWS:
- New a16z funds, a $200M round and the latest from WeWork and Slack
We haven’t chatted about new funds too much this year, but a16z’s two new funds ($750 million and $2 billion) are a big deal. The bio and crypto and early-stage firm now has a separate late ...
05/17/2024 - 3:10 am | View Link - AI Startups Turn to UAE and Saudi Arabia for Funding
“Everyone I talk to is either going to or coming back from the UAE — the same way we used to swing by Sand Hill Road,” said Feldman, referring to the street that’s home to Silicon Valley’s storied ...
05/16/2024 - 9:00 am | View Link - SoftBank Is Pivoting to AI. Is It Already Too Late?
After bankrolling startups with crazy valuations, the tech kingmaker is hoping that its majority ownership of chipmaker Arm can spearhead a 'new ecosystem' in AI.
05/14/2024 - 9:56 am | View Link - Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designer Arm Holdings.
05/13/2024 - 1:42 am | View Link - Masayoshi Son's Softbank Beats Analyst Expectations: Record Staggering $1.5B Quarterly Profit, Bolstered By Arm's Valuation And AI
SoftBank Group Corp (OTC:SFTBY) has reported a quarterly net profit of $1.5 billion, driven by the soaring valuation of Arm Holdings, as it continues to amass funds for its artificial intelligence ...
05/12/2024 - 11:03 pm | View Link - More
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