WeWork CEO Sandeep Mathrani is stepping down, the co-working space firm said Tuesday, posing a fresh challenge for the company which continues to bleed money. Mathrani will be succeeded on an interim basis by a telecom executive, David Tolley, who joined the board early this year. WeWork stock fell 7.5% to 35 cents. Mathrani, a real estate veteran, took the helm of the company in 2020, before...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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