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Wednesday, October 14, 2020
Ousted WeWork CEO Adam Neumann is back
One year ago, WeWork was getting bailed out by SoftBank after a disastrous attempt at going public that resulted in the ouster of its CEO and cofounder Adam Neumann. But it appears Neumann doesn't intend to stray far from real estate. Neumann's family office -- 166 2nd LLC -- has led a $42 million investment round in Alfred, a startup that works with residential buildings to provide a concierge-like services for residents, according to a spokesperson for Alfred.
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