Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick
Amol Sarva has shared new details about how Knotel’s partnership with Newmark turned hostile. In a video interview, Sarva...
Knotel
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Amol Sarva trashes Newmark after ouster from Knotel
Knotel co-founder Amol Sarva took some shots at its new owner, Newmark, on his way out the door of...
Knotel to tap former top WeWork exec as CEO
Knotel is bringing on a WeWork veteran to help straighten out the bankrupt flex-operator. Former WeWork vice chairman Michael Gross will join Knotel as its chief executive, the Wall Street Journal reported. Gross’ first...
Newmark’s acquisition of Knotel is approved
A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected...
Newmark’s bid to acquire Knotel is nearly complete
Newmark’s bid to acquire Knotel is nearly complete. The bankrupt flex-office provider was scheduled to be sold on Friday...
Newmark earnings fell 37% in 2020
If Newmark Group goes ahead with its planned acquisition of Knotel, does that make the commercial real estate services firm a competitor to its landlord clients? “Just the opposite,” CEO Barry Gosin said during...
Issue
Seismic shifts in the flex-office market
Montreal-based Breather, a company that rents workspaces by the day, made a bold announcement last month that reverberated throughout the world of flex-office operators. “Breather, in its current form as an operator, doesn’t make...
Knotel CEO says flex-office provider has new funding: report
As Knotel battles lawsuits from landlords, evictions and accusations of unpaid rent, its CEO says the flex-office provider has...
Knotel seeks to raise $100M in a serious down round
Knotel is reportedly trying to raise $100 million in funding in a round that would significantly lower its valuation,...
VC or PPP? Some proptech firms got both
Knotel has raised $560 million in venture capital since 2016. But when coronavirus hit, the flex-office provider received a PPP loan between $5 million and $10 million to retain employees. It wasn’t alone: at...
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