WeWork plays S P A C with Shaquille O’Neal

WeWork is going public via a #SPAC. It will do so in a merger with BowX Acquisition, a SPAC backed by NBA legend Shaquille O’Neal. According to CNBC, the deal will value the coworking startup at $9B, including debt. This is a slight haircut from its $47B valuation in fall 2019 when charismatic founder Adam Neumann was burning billions of dollars from SoftBank. The company is still billions in the red. But they have seriously tidied up their house and with the world slowly moving back to a hybrid work arrangement, its plug-and-play office space offering is well-positioned to bounce back. #wakeupimgine #realestate #officeofthefuture

Posted on April 7, 2021 in Innovation, Marketing, Social Media, Technology, Trends

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Michael Chase - a true hybrid – part doctor, part strategist, part data monkey, part creative director, part global growth hacker (when you're doing bic pen tracheotomies you still have to think of EBITDA) and through and through an innovator.

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