Can someone please explain how Adam Neumann received half a billion dollars of investor money for running WeWork into the ground? Shouldn’t he be bankrupt instead?

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Dumb money.

Sure, Masayoshi Son.

Equity allows you to continue to take credit and reap the rewards from a business despite not doing anything for it.

SoftBank needed to buy out Neumann in order to 1. Fully oust him from having a voice 2. Keep decision making power in the company to try and do a turnaround. Son was also burning Saudi money, not really his own funds, so he was ok with gambling

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