July 26, 2021

Info IEC

Business & Finance Information

Day: July 17, 2021

Adam Neumann

and

Masayoshi Son

had been negotiating a potential $20 billion test when Mr. Son pulled up a picture of Yoda on his iPad.

It was summer time 2018 and Mr. Son’s tech conglomerate,

SoftBank Group Corp.


9984 -0.70%

, had already pumped over $4 billion into WeWork, the shared workplace area startup Mr. Neumann co-founded eight years earlier. Now Mr. Neumann was attempting to get Mr. Son to purchase a majority stake in WeWork. It might have been the most important acquisition ever of a startup, a part of a bid to turbocharge a three-pronged technique to dominate …