Shared-workspace startup WeWork has seen a slew of its top officials depart from the company in recent months.
More than a dozen of WeWork's top officials have left the company in recent months amid reports of internal complaints and uncertainty surrounding its IPO plans. The shared-workspace provider delayed its stock-market listing this week amid lacking interest and skepticism from investors. WeWork is facing mounting scrutiny about its profitability, valuation, and eccentric CEO Adam Neumann. Keep up with Business Insider's WeWork coverage here.
More than a dozen of WeWork's top officials have left the company in recent months amid reports of internal complaints and uncertainty surrounding its IPO plans. The shared-workspace provider delayed its stock-market listing this week amid lacking interest and skepticism from investors. WeWork is facing mounting scrutiny about its profitability, valuation, and eccentric CEO Adam Neumann. Keep up with Business Insider's WeWork coverage here.
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WeWork Has Bigger Problems Than Adam NeumannFor instance, its business model. And convincing potential IPO investors of a $20 billion valuation is looking very difficult.
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WeWork sparks worries about Masayoshi Son’s Vision FundsWeWork's co-founder Adam Neumann is 'humbled' by the delayed IPO. His cheerleader-in-chief, Masayoshi Son, probably is not
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Things are only going to get worse for WeWork, predicts NYU professor Scott Galloway: ‘It’s beginning to smell like malfeasance’Things are only going to get worse for WeWork, predicts NYU professor profgalloway: ‘It’s beginning to smell like malfeasance'
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Renovation work on WeWork CEO Adam Neumann's $10.5 million Manhattan townhome led to disputes with contractors over $1 million in alleged unpaid billsNeumann and his wife Rebekah planned to completely renovate their townhome. But contractors claimed they didn't pay all their bills.
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