WeWork’s $47 Billion IPO Failed. Adam Neumann Raised $350 Million Again

WeWork’s $47 billion valuation collapsed before its 2019 IPO, but Adam Neumann raised $350 million for Flow three years later. Between those events, SoftBank poured billions into WeWork and arranged a separate exit package for its departing founder. Follow the documented trail from the postponed listing to WeWork’s bankruptcy and Flow’s financing. The figures and named backers show how the companies changed; public records do not establish why Flow’s investors made their decision or who ultimately supplied the money. Chapters: 0:00 Introduction 0:57 The Company Behind the $47 Billion Price 2:52 The S-1 Put the Price on Trial 5:52 SoftBank Rescued the Company—and Arranged Neumann's Exit 8:29 The Public Listing Came at $9 Billion 10:30 Flow Reopened the Question of Access 13:00 WeWork Failed; Neumann’s Capital Access Did Not 15:03 Closing