ADAM NEUMANN IS TRYING TO BUY BACK WEWORK

Summary from the TLDR newsletter

WeWork co-founder Adam Neumann, who stepped down in 2019, is attempting to buy the company out of bankruptcy. WeWork was once valued at $47 billion. It filed for bankruptcy last November, listing debts of over $18.6 billion at the time of filing. Neumann's current venture, Flow, is a residential real estate outfit focused on rentals. Flow received a $350 million investment from a16z in August 2022.