floats Archives

WeWork Floats Bankruptcy Exit Deal, Without Adam Neumann

The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann’s bid to buy back the company. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be [...]read more

Byju’s founder floats share offer to make peace with estranged investors

March 29, 2024 mpsingh No Comments Technology Byjus, Estranged, floats, Founder, investors, offer, peace, share

Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the Indian startup’s disgruntled investors, informing them that the board is weighing an offer of renounced shares to prevent dilution of their holdings. In an email to shareholders Friday morning, a copy of which TechCrunch has reviewed, Raveendran said [...]read moreByju’s founder floats share offer to make peace with estranged investors