Business Operations Analyst

Shared-workspace company WeWork has faced significant challenges in recent years, including bankruptcy and the ousting of its co-founder Adam Neumann.Neumann, who had been trying to regain control of the company since his resignation under pressure from the board in 2019, has now given up on buying WeWork, The Wall Street Journal reported Tuesday (May 28).In a statement, Neumann expressed his disappointment with WeWork’s bankruptcy plan, stating that it appears unrealistic and unlikely to succeed, according to the report.Reached by PYMNTS, WeWork declined to comment on the report.The company filed for bankruptcy in November due to a downturn in the office real-estate market and the impact of the COVID-19 pandemic, which led to a decrease in demand for office space, per the report.WeWork had been struggling even before the pandemic, as its high cost of rent and low occupancy rates posed significant challenges, according to the report. Despite amending or canceling hundreds of leases since 2019, the company continued to face financial difficulties.Neumann co-founded WeWork in 2010 with Miguel McKelvey. The startup quickly gained attention and raised billions from investors, becoming the country’s most valuable startup with a valuation of $47 billion by early 2019, the report said. Neumann played a crucial role in marketing WeWork as a tech business that would revolutionize the property sector.However, Neumann’s behavior and management decisions garnered attention and criticism, per the report. The company’s financial losses led to his resignation as CEO in 2019. Since then, he had been attempting to regain control of WeWork.In March, Neumann made an offer of $650 million to buy the company, backed by his new real estate company, Flow, according to the report

モントリオールの WeWorkImage credit: P. L. (@partrickl) via Unsplash. WeWork が破産法の適用を申請してから数ヶ月後、5年前に同社を追い出された創業者 Adam Neumann（アダム・ニューマン）氏が社の復活に手を貸している。Neumann 氏は最近、WeWork を5億米ドル以上で買収するオファーを出した。. 創業者の復帰なるか？ 5億米ドル以上で買収を提案

By Riley KaminerThere may be no topic more top of mind for South Floridians than housing. On the one hand, it unites us: everyone has to live somewhere, and rising prices do affect all Miamians, albeit to varying degrees. On the other, it divides us: creating financial winners and losers through the constant churn of real estate properties. Increasingly, South Florida is becoming a hub for proptech, or tech-powered tools bringing innovation to the world of real estate, with startups moving here, launching here, or growing here.Let’s dive into the top 4 trends in South Florida’s proptech space.🏗️ Construction tech enables companies to build more efficiently and effectivelyLet’s start from the ground up. The construction industry makes up over 4% of US GDP, while building materials and construction account for 11% of CO2 emissions globally. It’s a sector ripe for tech innovation, with 43% of CIOs in the space reporting to KPMG that they expect to increase their technology spend. And Miami startups are pioneering the way construction companies operate, bringing efficiencies and expanding their impact at scale.In July, DigiBuild landed a $4 million seed round for their blockchain-based platform that digitizes construction processes. The startup’s main product, DigiProcure, is a material management and procurement tool that automates administrative processes for contractors