It was disclosed Monday that WeWork is going public next month—this time for sure—at a valuation of $9 billion, or almost $40 billion less than its private-market value in the good old days of 2019.
Adam Neumann isn’t CEO anymore but remains a shareholder and will be allowed to attend board meetings. WeWork is desperate to move on but can’t, so its seeming goal is to make Neumann or his minions miserable.
“Although WeWork expects that Mr. Neumann or his representative may express views or may ask questions, there is no such contractual entitlement beyond attending in a customary nonvoting observer capacity,” the company said icily. “The
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