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‘We were kings of the world’: WeWork’s Adam Neumann fostered a culture of superiority at the troubled coworking startup

"Adam was the sun and we all revolved around him," a WeWork employee told the Financial Times after the IPO collapsed and Neumann stepped down.

Warren Buffett, Bill Gates, and the rabbit-duck illusion: SoftBank’s CEO used the famous image to rebrand as an investor

"Mr Buffett and myself are a little bit different," Masayoshi Son said. "I'm still making some craziness."

SoftBank just made $12 billion after Sprint’s stock rocketed 70%

The Uber and WeWork investor owns nearly 85% of the wireless carrier's shares, which soared after a judge approved Sprint's merger with T-Mobile.

Activist investor Elliott Management has built a more than $2.5 billion stake in SoftBank, the conglomerate behind WeWork

SoftBank's battered stock became appealing to Elliott after WeWork's failed initial public offering process, according to The Journal.

Welcome to the ’20s, fasten your seat belts

In this week's Trending newsletter, a turning point for SoftBank in Silicon Valley, a staggering tech acquisition and Amazon's transformation.
The 70-year-old billionaire founded Uniqlo in 1984 and has grown its parent company, Fast Retailing, into the largest retailer in Asia, Business Insider previously reported.

Japan’s richest man, Uniqlo founder Tadashi Yanai, is stepping down from the board of SoftBank

A spokesperson said Tadashi Yanai is leaving after 18 years on SoftBank's board to focus on his own business.

Adam Neumann’s golden parachute could balloon to over $2 billion if WeWork goes public

WeWork's cofounder and former CEO reportedly holds a stake in the business that could be worth hundreds of millions.

SoftBank’s clone-like startup founders, and Satya Nadella’s answer to the Bezos leadership principles

In this week's Trending newsletter, we take a look at Masayoshi Son's founder-oriented investing style and Satya Nadella's leadership principles.
WeWork cofounder and former CEO Adam Neumann

Adam Neumann’s $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

Some SoftBank executives have said the WeWork cofounder's exit package is too generous, Bloomberg reported.
SoftBank CEO Masayoshi Son

The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan’s biggest banks

There's "a definite change in mood" towards SoftBank since the WeWork debacle.