recent wework c-level exits: ceo (adam) chief brand officer (rebekah neumann) chief product officer chief marketing officer chief creative officer chief comms officer vice chair (not yet heard of a CWeO exit but there are several, so time will tell)
Adam Neumann was sitting atop the most valuable startup in the U.S. and getting ready for a blockbuster initial public offering. Now he’s out of a job.
Today I wrote about WeWork and what I call Counterfeit Capitalism. There are important lessons in CEO Adam Neumann's rise and fall.
Things WeWork's Adam Neumann has said to others -he was interested in becoming Israel's PM -he was interested in becoming president of the world -he wants to be world's first trillionaire -he hopes to live forever
Adam Neumann's existence almost makes me feel bad for Elizabeth Holmes. Holmes had to run a genuine fake science fraud to scam billionaires out of their money, Neumann was just like I'm serving coffee out of my exposed brick sublet that'll be $700 million please Mr. Softbank.
The resignation of Adam Neumann from WeWork is the most significant step the company has taken to win over Wall Street after a botched IPO and signals that power may be swinging away from the founders of fast-growing businesses toward investors
WeWork CEO Adam Neumann: 1. Hopes to “live forever” 2. Is considering running for “president of the world” 3. Is trying to become the world’s first trillionaire 4. Runs a company that loses $500 million every 90 days
another tidbit I found amusing: In January, WeWork announced it was rebranding as The We Company. It bought trademarks for "we." From whom? We Holdings LLC, an entity controlled by WeWork CEO Adam Neumann "we" cost $5.9 million