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Episode Details
EPISODE INFO
- Released
- February 9, 2024
- Duration
- 6m
- Channel
- Pivot
- Watch on YouTube
- ▶ Open ↗
EPISODE DESCRIPTION
WeWork co-founder Adam Neumann is reportedly trying to buy back his old company. Can he get the financing? Kara Swisher and Scott Galloway discuss Neumann's prospects and the future of WeWork.
SPEAKERS
Kara Swisher
hostScott Galloway
host
EPISODE SUMMARY
In this episode of Pivot, featuring Kara Swisher and Scott Galloway, Will Adam Neumann Buy Back WeWork? explores Adam Neumann Eyes WeWork Buyback As Bankruptcy Becomes Opportunity Play The hosts discuss reports that WeWork co-founder Adam Neumann is attempting to buy back the company out of bankruptcy, despite having previously walked away with an unprecedented payout. They contrast Neumann’s outcome with Elizabeth Holmes’, arguing that cultural dynamics and SoftBank’s desire to save face shielded him from harsher consequences. The conversation then shifts to the underlying WeWork business, noting that coworking demand has doubled since 2021, and that the core concept remains strong despite a disastrous capital structure and bad leases. They predict WeWork will survive bankruptcy under new ownership, but see Neumann as a major reputational and financial risk for serious institutional investors.
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