Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by ben_jones on Sunday September 22, 2019 @01:13PM
(#21042499)
Playing Devil's advocate imagine having potentially millions of dollars invested in tearing you apart - going through every piece on online history, video, etc., trying to find something juicy to tank the company you've tried so hard to build.
[ Parent
| on HN ]
Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by elliekelly on Sunday September 22, 2019 @01:30PM
(#21042611)
Imagine trying so hard to build a company and getting to the 11th hour before the IPO and being stymied by something as simple as basic corporate governance.
That’s like trying to launch a tech company but “forgetting” to set up the servers and hoping if you talk about your vision and say “We” enough no one will notice/mind.
Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by moltensodium on Sunday September 22, 2019 @01:21PM
(#21042559)
What company? What was built? It's a money destruction machine, not a business. They have no plans or experiments or research moonshots that they expect to be profitable, ever.
Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by ohduran on Sunday September 22, 2019 @01:23PM
(#21042574)
People seem to forget that a lot: losing your shareholder's money isn't a business.
Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by dagw on Monday September 23, 2019 @02:57AM
(#21046529)
losing your shareholder's money isn't a business.
True, but if you do it right it can be a very successful career.
Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by CalChris on Sunday September 22, 2019 @01:15PM
(#21042519)
I see your point but WeWork hasn't IPO'd yet. So there are no short sellers yet.
Re:Some WeWork Board Members Seek to Remove Adam Neumann as CEO
by throwaway2048 on Sunday September 22, 2019 @01:28PM
(#21042600)
blaming "short sellers" is a slightly more sophisticated sounding "haters gonna hate" in most situations, but in reality its equally as dumb.