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Ousted Knotel CEO Says Nepotistic Deal With Newmark Led To Disaster Bankruptcy Knotel CEO Amol Sarva Amol Sarva lost control of Knotel, the flexible workplace company once valued at more than $1B last year, and he is laying the blame at his own feet, he said last week, because he regrets his dealings with the chairman of Newmark and Cantor Fitzgerald. Knotel in February said it would be taken over by Newmark, with the real estate firm providing $20M in debtor-in-possession financing to allow Knotel to keep running through the bankruptcy proceedings. In a video with the YouTube web series The Business of Business, posted last week, Sarva details the circumstances that led up to the startup’s collapse, with nepotism and the “dog-eat-dog” nature of the business listed as primary causes. Ultimately, he said the company is in someone else’s hands, because of his own “bad” decision to accept Newmark funds and “let these guys

Barry gosinHoward lutnickMichael grossAmol sarvaCantor fitzgeraldTriplepoint capitalWall streetAdam neuman era weworkWework vice chairman michael grossபாரி கொஸின்மைக்கேல் மொத்தஅமோல் சர்வகேன்டர் ஃபிட்ஸ்‌ஜெரல்ட்சுவர் தெரு