We Company CEO start talking future role
Will WeWork still go public?
Kevin Kelly, Verdence Capital Advisors, discusses that WeWork's IPO falls to $ 10 billion. Apple shares fall after Goldman cut target price to $ 165.
WeWork co-founder Adam Neumann could soon relinquish the title of CEO.
It is among the possible features that the office sharing board and investors are discussing.
Neumann has reportedly discussed his future role in the company, as reported by Reuters.
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The co-founder of WeWork has not yet agreed to step down as CEO of WeWork Parent We Company, and at this time there is no guarantee that he will.
We Company postponed the original offer last week after potential investors pushed back, including the amount of control Neumann had over the company.
A potential IPO valuation earlier this month came to the tune of $ 1[ads1]0 billion, according to Reuters.
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mong any remedies would be Neumann who becomes chairman, or become CEO, bu I have an independent chairman brought in.
WeWork and SoftBank declined to comment on Reuters. Neumann and Benchmark Capital did not immediately respond.
