Man offers the drowning victim he shoved into the lake his disruptive version of a life ring
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Adam Neumann, the ousted co-founder of WeWork, is exploring a deal to buy back the office sharing company after expressing dismay over its bankruptcy process.
In a Monday letter obtained by The Associated Press, an attorney representing Neumann and Flow Global Holdings said that WeWork’s former CEO had partnered up with capital sources like Dan Loeb’s Third Point and “stands ready to submit a detailed proposal to purchase the Company or its assets.”
What’s he going to buy it with? The money they gave him to fuck off and stop ruining the company the first time?
Probably.
According to Monday’s letter, written by attorney Alex Spiro, Neumann and his affiliates have been attempting to obtain information from WeWork necessary for a purchase offer since December but have been met with a “lack of engagement” from the company. They still do not have access.
Sounds like WeWork execs are doing the equivalent of hiding in the bathroom when proselytizers come a-calling. Or maybe the company’s shareholders are holding them at gunpoint.
These actions have jeopardized WeWork’s ability to explore options outside of its restructuring agreement, the letter added, and “failed to maximize value for all stakeholders” as a result.
If you want a vision of how returning ownership of WeWork to Neumann would maximize value for all stakeholders, imagine a bare foot stamping a human face in time to Run-DMC’s “It’s Tricky,” forever.
A few weeks after Mr. Neumann fired 7% of the staff in 2016, he somberly addressed the issue at an evening all-hands meeting at headquarters, telling attendees the move was tough but necessary to cut costs, and the company would be better because of it.
Then employees carrying trays of plastic shot glasses filled with tequila came into the room, followed by toasts and drinks. Soon after, Darryl McDaniels of hip-hop group Run-DMC entered the room, embraced Mr. Neumann and played a set for the staff. Workers danced to the 1980s hit “It’s Tricky” as the tequila trays made more rounds; some others, still focused on the firings, say they were stunned and confused.
Or just search the archives for his name. Here’s one. And another. OK, last one.
