The troubled shared office space company WeWork declined SoftBank’s financial offer and instead plans to accept a $5 billion financial rescue package from JP Morgan Chase. Softbank currently owns about one-third of WeWork and their most recent financial offer would have given them a controlling interest in the company.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
