SoftBank is walking away from a sizeable chunk of its WeWork rescue package, which included a near billion dollar windfall for ousted founder Adam Neumann. From a report: The Japanese tech company has backed out of a plan to buy $3 billion worth of shares in the coworking startup from existing shareholders and investors, according to statements from SoftBank and a…
Tag: Coworking
What Happened When Tulsa Paid People to Work Remotely
Remember when Tulsa, Oklahoma offered $10,000 to remote workers who’d relocate to their city? It was an immensely popular program. “You have better odds of getting into Harvard or Yale than you do of getting into the Tulsa Remote program,” the city’s mayor told CityLab: All of the Remoters get a free one-year membership to the coworking space, though others prefer…