WeWork founder Adam Neumann picked the wrong time to be the visionary leader of a company with imperial ambitions and obscure finances. How WeWork's IPO went...
Just six weeks ago, co-working giant WeWork was the nation's most valuable tech start-up. Then it filed its S-1 registration for an initial public offering, disclosing a bevy of conflicts of interest and mismanagement by its magnetic and eccentric co-founder, Adam Neumann. Investors, reporters, and analysts, chastened after seeing Theranos revealed as a massive fraud and watching Uber fail to live up to the hype, didn't let another visionary founder pull the wool over their eyes.
Just six weeks ago, co-working giant WeWork was the nation's most valuable tech start-up. Then it filed its S-1 registration for an initial public offering, disclosing a bevy of conflicts of interest and mismanagement by its magnetic and eccentric co-founder, Adam Neumann. Investors, reporters, and analysts, chastened after seeing Theranos revealed as a massive fraud and watching Uber fail to live up to the hype, didn't let another visionary founder pull the wool over their eyes.
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