Backing for Adam Neumann’s new firm prompts outrage

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Adam Neumann’s financial backers say he’s a “visionary leader” but others have doubts over his latest plans. …

“My immediate reaction was, ‘Man, I wish women had the same opportunity to fail up as spectacularly as Adam Neumann has,'” said Ms Feinzaig, whose firm has focused on investing in firms founded by women. Companies founded solely by women secured just 2% of venture capital in the US last year – the smallest share since 2016, according to Pitchbook. Companies with black founders accounted for even less, according to Crunchbase,

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