Discussion

• @eliotwb Eliot Brown on x

  WeWork's largest investor, SoftBank, and others moving to oust Adam Neumann as CEO https://www.wsj.com/...

• @mattrosoff Matt Rosoff on x

  New details from @sherman4949: WeWork views Son's move against Neumann as an effort to prevent the company from going public, which would allow it to dodge a huge writedown. https://www.cnbc.com/...

• @danprimack Dan Primack on x

  Another SoftBank/WeWork thought: As this plays out, how does it not hurt the top-line? Wouldn't many potential customers — particularly big enterprise ones — want to hold off signing major contracts until this gets resolved?

• @sherman4949 Alex Sherman on x

  Scoop - Softbank's Masayoshi Son is in favor of removing Adam Neumann as WeWork's CEO. https://www.cnbc.com/...

• @inafried Ina Fried on x

  Don't think of it as an ouster. Think of it as a community-adjusted executive team. https://www.wsj.com/...

• @ruskin147 Rory Cellan-Jones on x

  The speed at which WeWork appears to be unraveling is breathtaking https://www.wsj.com/...

• @om @om on x

  One day you are master of the universe, the next day the guy who gave you money & made you boy king wants you gone. https://www.cnbc.com/...

• @aexm Ana Milicevic on x

  LOL - in which universe is Adam's behavior news to them now? https://twitter.com/...

• @sruhle Stephanie Ruhle on x

  Quite the turn of events.... 3 weeks ago we were discussing how Adam Neuman's wife would be one of the 3 people controlling who would succeed Adam if he were to step down. https://twitter.com/...

• @lizrhoffman Liz Hoffman on x

  *Adam Neumann has lost key support on the board. *SoftBank, WeWork's biggest investor, wants him out. *Board is likely to meet this week to consider stripping him of CEO title. This is all moving ... rather quickly now https://www.wsj.com/...

• @seldo Laurie Voss on x

  WeWork's investors are considering replacing Adam Neumann as CEO but a) why would he care, he's rich now b) how? He has all the voting control and c) even if they do that isn't going to magically make it a better business model. https://www.nytimes.com/...

• @coryweinberg Cory Weinberg on x

  the trial of Adam Neumann is slated for Monday. http://thein.fo/...

• @tomfgoodwin Tom Goodwin on x

  I'm not sure the board realize the craziest thing about WeWork isn't the Founder ( he's just a typical Silicon Valley narcissist sociopath). It's the business model and the future projections https://twitter.com/...

• @brianc13 Brian Corcoran on x

  I wonder is Travis Kalanick available? https://twitter.com/...

• @wolfejosh Josh Wolfe on x

  “Shoryuken!”🥋 “Yoga flame!”🔥 When HE who “uses the Force” and “the singularity”—calls for head of HE who uses “energy and spirituality”. https://twitter.com/...

• @andrewrsorkin Andrew Ross Sorkin on x

  “Several investors have floated the idea of threatening Mr. Neumann with legal action, two of the people said — potentially over conflicts of interest that have already come to light during the I.P.O. process.” https://www.nytimes.com/...

• @wallstcynic Diogenes on x

  This is all so silly. Why doesn't SoftBank just put in more money at a $60B valuation? Problem solved! https://twitter.com/...

• @sherman4949 Alex Sherman on x

  If Neumann does step down, this will be the second enormous Benchmark/SoftBank investment that replaces its CEO before going public (see: Uber). https://www.cnbc.com/...

• @danprimack Dan Primack on x

  SoftBank continuing to kneecap WeWork is the year's most fascinating story in VC-land.

• @sameer_singh17 Sameer Singh on x

  Ummm, SoftBank was good with pumping in money with Neumann as CEO. It's obvious that Vision Fund 2 fundraising would (will?) be a disaster if SoftBank didn't push him out. But he's their creation. SoftBank needs wholesale leadership changes as badly as WeWork. https://twitter.com…

• @aaronklein Aaron Klein on x

  This has zero parallel to Steve Jobs, you guys. The “vision” here is buying long term leases, selling them short term and making the arbitrage. This is financial engineering, not innovation. https://twitter.com/...

• @alialsalim @alialsalim on x

  The unravelling of the Tech Founder narrative continues... Jack Dorsey, Twitter, fired Daniel Zappin, Maker Studios, fired Andrew Mason, Groupon, fired Travis Kalanick, Uber, fired Adam Neumann, WeWork... https://twitter.com/...

• @jason @jason on x

  No brainer for @WeWorkAdam to move to chief product officer & put someone with common sense & an ipo under their belt — at least for a 3-5 year transition Can't think of better optics than Adam embracing this with humility: “I built a great team and product, but I need help” http…

• @tomgara Tom Gara on x

  WeWork board members did a vibe check and don't like Adam Neumann's energy, planning on asking him to step down as CEO https://www.wsj.com/... https://twitter.com/...

• @djtgallagher Dan Gallagher on x

  Suddenly, the controlled-company setup not looking so hot. https://twitter.com/...

• @dnvolz Dustin Volz on x

  A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which his eccentric behavior and drug use came to light (by @eliotwb) and the startup delayed its much-anticipated stock-market listing. https://www.wsj.com/...

• @damiangarde Damian Garde on x

  as a busy consumer of corporate scandals I appreciate that this one is moving in fast-forward https://twitter.com/...

• @andrewrsorkin Andrew Ross Sorkin on x

  Is @WeWork's Adam Neumann going to be Kalanick-ed? The ousting conversation has begun... https://nyti.ms/32ZqFlv

• @lizrhoffman Liz Hoffman on x

  Does Neumann survive? He controls the board, so there's that. But it's increasingly clear to WeWork board members & bankers that the company can't go public with him running it. scoop here https://www.wsj.com/...

• @zebulgar Delian Asparouhov on x

  Looks like it's not weworking out having Adam as the CEO I hear they're looking for a neu mann to replace him 😉 I'm so ready to be a dad https://twitter.com/...

• @scottmaustin Scott Austin on x

  Breaking on @WSJ: WeWork board members including from SoftBank want to remove CEO Adam Neumann. (He of course has the ability to fire the board.) https://www.wsj.com/... This follows @eliotwb's revealing profile of Neumann's eccentric behavior https://www.wsj.com/...