WeWork founder Adam Neumann resigns

By Chris Druce, David Parsley2019-09-24T21:00:00

Source: Flickr/ TechCrunch

WeWork founder Adam Neumann has resigned as chief executive of the business a week after it failed to attract enough support to greenlight a multi-billion dollar IPO.

The move comes after a plunge in the company’s estimated valuation and a fallout with investors, including Japan’s SoftBank Group.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article.

Four FREE articles of your choice per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue