A representative for Neumann’s real estate company, Flow, confirmed that a bid was submitted, saying it exceeded the amount reported by the Journal.
Neumann's proposal to inject cash into WeWork is likely to be met with some hesitation, as the man who once steered the ship into troubled waters now wants to grab the helm again
Israeli investor Adam Neumann started the business in 2010 with the designer Miguel McKelvey. Their vision was to lease office space and then rent smaller parcels of it to customers.