WeWork's original plan to go public collapsed this month after intense scrutiny and lacking investor interest threatened its ability to raise money.
In August, coworking company WeWork publicly filed its IPO paperwork. It was last privately valued at $47 billion. Since then, WeWork has had an exceptionally bad month, as potential investors got their first look at WeWork's financials and people began to dig into the past behavior and business dealings of the company's CEO, Adam Neumann. With so much happening, we've tracked everything in one place so you can catch up. Visit Business Insider's homepage for more stories.
In August, coworking company WeWork publicly filed its IPO paperwork. It was last privately valued at $47 billion. Since then, WeWork has had an exceptionally bad month, as potential investors got their first look at WeWork's financials and people began to dig into the past behavior and business dealings of the company's CEO, Adam Neumann. With so much happening, we've tracked everything in one place so you can catch up. Visit Business Insider's homepage for more stories.
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WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoilWeWork CEO Adam Neumann founded the company and built it to what it is today. But his leadership has also come under fierce criticism.
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Some WeWork board members reportedly looking to remove Adam Neumann as CEOSome WeWork board members want to remove Adam Neumann as chief executive of the company, the Wall Street Journal and other outlets report, citing people involved in the talks
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WeWork board members seek to remove Adam Neumann as CEOSome WeWork directors are planning to push Adam Neumann to step down as chief executive after the start-up delayed its much-anticipated initial public offering, according to people familiar with the matter.
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