Adam Neumann reportedly tried and failed to get Apple to invest in WeWork: 'This was the Hail Mary'

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5 years ago

Neumann was said to have pursued Apple at about the time SoftBank was reconsidering a massive investment in WeWork amid pushback from its investors.

Facebook acquired CTRL-Labs, which is developing technology meant to let people to control computers with their brains.

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WeWork's problems go well beyond CEO Adam Neumann. Namely, its basic business model doesn't work and needs to be overhauled.

The Vanity Fair report comes amid revelations that Neumann and Dimon met over the weekend to try and get WeWork's IPO back on track.

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Stories include allegations of being held back for promotions after complaining of misconduct at Google.

If he's to be pushed out, the board will have to pressure him off in other ways, governance experts tell us.

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