Patrick Boyle On Finance Adam Neumann Buying Back WeWork?
Feb 10, 2024
Adam Neumann, cofounder of WeWork, has been trying to buy back the company out of bankruptcy. His new real estate company 'Flow' has raised $350 million to finance the transaction. Third Point hedge fund has had preliminary conversations about participating. The podcast discusses the challenges of securing financing, WeWork's downfall, and the obstacles of buying out of bankruptcy.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Examples of Companies Offering Convenience and Affordability
03:05 • 1min
Adam Neumann's Attempt to Buy Back WeWork and the Involvement of Third Point
04:31 • 4min
Adam Neumann's Financing Efforts and WeWork's Valuation
08:50 • 2min
The Downfall of WeWork and the Challenges of Buying Out of Bankruptcy
10:38 • 4min