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SoftBank is paying WeWork founder Adam Neumann $1.7 billion to step off the board, reports say

tacobell fan

By tacobell fan
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tacobell fan

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Japanese investment firm SoftBank will pay Neumann $1 billion for his shares, a $185 million consulting fee and will offer him $500 million in credit to help repay his loans to JPMorgan, multiple outlets reported.

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DummyVariable Celebrity

DummyVariable

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Wework was worth 47 billion in 2016 so adequate payoff for a cofounder I think.

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