WeWork Meltdown Shows Pitfalls of Adam Neumann's Personality Cult

The WeWork IPO is toast. The writing was on the wall for several days prior to the announcement, as the company's roadshows failed at every turn. As much as Wall Street may point to the company’s risky business model as a reason for the failure of the IPO, an equally significant reason is the (now […] The post WeWork Meltdown Shows Pitfalls of Adam Neumann's Personality Cult appeared first on CCN.com дальше »

2019-10-2 21:41

WeWork May Trash Its IPO. Let’s Hope So.

News broke Friday that WeWork, now known as The We Company, is seeing such lackluster results from its roadshow that it may call off its IPO. This is great news except for short-sellers, who were likely rubbing their greedy little hands together at the prospect of shorting this honey trap stock. дальше »

2019-9-7 03:04