The Money Men Who Enabled Adam Neumann and the WeWork Debacle

SoftBank’s Masayoshi Son, Adam Neumann, Hony Capital’s John Zhao and JPMorgan Chase’s Jamie Dimon.

Veteran executives and financiers helped fuel WeWork’s spectacular rise and fall, pouring in capital while ceding control to its founder

By Maureen Farrell and Eliot Brown
The Wall Street Journal

In early October, WeWork’s board of directors trickled into a brick building in lower Manhattan where the startup had an office. After they took their seats around the conference room table, Mark Schwartz started to vent.

“I’ve stayed silent too long,” the 65-year-old former Goldman Sachs Group Inc. partner told the six other men on the board, including WeWork’s co-founder and chairman, Adam Neumann.

Continue reading at: https://www.wsj.com/articles/the-money-men-who-enabled-adam-neumann-and-the-wework-debacle-11576299616