WeWork founder Adam Neumann wants to buy the shared office company or its assets. Neumann founded WeWork in 2010 and was pushed out in 2019.
He intends to use funds from his new investment company, Flow Global, to buy WeWork. The idea is to take over the company from the downside. Rents are currently being negotiated between WeWork and Flow Global. WeWork has lost a lot in recent years: listed at $47 billion during its IPO in October 2021, it has experienced a continuous fall since.