CEO exits at Juul and WeWork this week call into question the Silicon Valley ethos of disrupting existing industries and chasing torrid growth
We Co. is a New York company that subleases office space, and Juul Labs Inc. is a San Francisco based-seller of vaping products. But the resignations this week of the CEOs running two of the most valuable U.S. startups share common roots: a Silicon Valley ethos bent on disrupting existing industries and pursuing torrid growth.
On Wednesday, Juul Chief Executive Kevin Burns was replaced as regulators plan to pull most vaping products from the market, citing concerns about rising teen use.
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Juul CEO steps down amid vaping controversyJuul's CEO steps down following backlash against e-cigarette company's marketing practices and a wave of illnesses linked to vaping in recent weeks.
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Juul CEO Steps Down and Company Suspends Advertising Amid Vaping CrisisAmidst concerns over the vaping crisis, the CEO of Juul Labs, the beleaguered e-cigarette company accused of marketing directly to teens, has stepped down
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Juul Labs' CEO OutIn the midst of a national outbreak of vaping-linked illnesses and deaths, the president of Juul Labs is stepping down. The news comes a day after testimony on Capitol Hill regarding the expanding number of cases of a sometimes fatal vaping-linked illness.
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