Fashion
WeWork’s Adam Neumann Has Some Regrets, No Apologies

WeWork’s Adam Neumann Has Some Regrets, No Apologies

In his first interview since being ousted as CEO of WeWork, Adam Neumann admitted that the company’s onetime $47 billion valuation went to his head. But he did not apologize to the WeWork employees whose stock options dematerialized when the company underwent a spectacular corporate downfall not seen since the likes of Theranos. “Yes, the valuation made us feel like we were right, which made me feel that whatever style I was leading at was a correct style at the time,” Neumann told CNBC’s Andrew Ross Sorkin on Tuesday at The New York Times’ DealBook Online Summit. “Maybe it went… Read Full Article