In announcing on Tuesday the resignation of Adam Neumann as CEO, WeWork elevated Artie Minson and Sebastian Gunningham to share the top spot.Gunningham was one of Amazon CEO Jeff Bezos's top lieutenants and ran the giant e-commerce marketplace.
The IPO is now unlikely to take place this year, though it's still a possibility, according to people familiar with the matter who asked not to be named because the plans are confidential. WeWork said in a statement last week that it still planned to go public in 2019.
🙄 Tech!! This is not a tech company! this company need a CEO with extensive experiences in REITs not tech
New captains on the bridge of the Titanic. Nothing more.
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Some WeWork board members reportedly looking to remove Adam Neumann as CEOSome WeWork board members want to remove Adam Neumann as chief executive of the company, the Wall Street Journal and other outlets report, citing people involved in the talks Wework got stumped by an umbrella the other day. Here comes the flood of MeToo accusations.
Source: CNN - 🏆 4. / 95 Read more »
Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sourcesWeWork co-founder Adam Neumann has started talks with board directors and invest... Thanks for the headline Elmer How does this company get so much air time? A dangerously insane individual.
Source: Reuters - 🏆 2. / 97 Read more »
WeWork board members reportedly seeking Adam Neumann to step down as CEOReports are that some board members are pushing for the CEO to step down a week after the startup delayed its IPO. Never Surrender!
Source: ABC - 🏆 471. / 51 Read more »
WeWork CEO comes under pressure – four experts weigh inWeWork's public debut looks even more tenuous with CEO Adam Neumann's future in question. TradingNation Our mission at is to build the social media platform that ends fake news TradingNation Why do you keep covering WeWork? There are infinite financial topics that are more significant than this annoying company that’s not even public yet.
Source: CNBC - 🏆 12. / 72 Read more »
WeWork founder’s strong hand gets rapidly weakerOn paper, Adam Neumann controls the cash-burning office-share firm he co-founded. In reality, the company’s need for capital means investors like SoftBank call the shots, and might even oust him as CEO. Supervoting shares mean nothing absent a way to make money.
Source: Breakingviews - 🏆 470. / 51 Read more »
The Wild Story Of WeWork, The Once-Heralded Unicorn Now Under The MicroscopeOnce WeWork was thrust into the spotlight, large cracks in the company's facade started to reveal themselves. Cereal box full of weed, tequila shots post-firing and trademarking name prior to selling to own company is totally normal. But, hey, “resume builder”. An absolute meaningless company 🤦♂️🤦♂️ WeDontWork
Source: Forbes - 🏆 394. / 53 Read more »