Dmytro Kharkov

Founder escaped WeWork buyback ahead of COVID, Turner Novak notes

Founder escaped WeWork buyback ahead of COVID, Turner Novak notes
Founder escapes WeWork buyback before COVID

Turner Novak reflects on a founder who sold his company to WeWork in 2019 and nearly bought it back in February of 2020. He notes the situation as a fortunate escape from running a money-losing office service business during the onset of COVID.

Novak has recently commented on other founder stories and company milestones. He reported that BananaCap tripled its investment in Forage after the company’s B2B segment grew 13-fold year over year and began aggressively hiring, as detailed here. He also noted that FlexSuperApp reached nine-figure revenue within 2.5 years, describing it as a standout fintech case in a recent post.

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