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Soft touch

22 October 2019 By Antony Currie

SoftBank is providing nearly $10 bln to rescue the office-sharing firm, valuing it 83% below its peak. Adam Neumann, the architect of WeWork’s rise and fall, is getting $1.7 bln to step out of the way. If they choose, investors can ensure he’s the last founder able to run amok.

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