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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

TechCrunch

This week, flexible workspace operator (and one-time unicorn) Knotel announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million. Multiple landlords had filed lawsuits against the company. In March 2020, it was reportedly valued at $1.6

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Faraday Future founder’s bankruptcy spiked a potential deal in the Middle East

The Verge

But the wealth fund retracted the invite shortly after Faraday Future founder Jia Yueting filed for bankruptcy to resolve billions of dollars of personal debt , according to a previously unreported transcript of one of the Chinese tycoon’s Chapter 11 proceedings. “We for $43,810 per month in 2019. Warm Time Inc.

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