The two executives who took over management of WeWork from former CEO Adam Neumann will make out handsomely if they get booted, according to the Financial Times. Co-CEOs Artie Minson and Sebastian Gunningham will get nearly $17 million if they are fired or their duties are diminished. That is money WeWork may very well have have to pay out, as the company has been widely reported to be seeking...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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