Aug 19 2019 by Business Insider
One of the most jaw-dropping transactions revealed in
WeWork's S-1 filing involved a $5.9 million payment made to another company controlled by WeWork's CEO.
We paid Neumann's other company $5.9 million worth of securities in order to own and use the name "We."
One tech-finance pundit, New York University professor Scott Galloway, has skewered the company over this transaction.
Read all of BI's WeWork coverage here.
As we previously reported, WeWork founder Adam Neumann has not only locked...
Request a feature