Today news
About the same in other media
Ousted WeWork CEO says $47 billion valuation went to his head before botched IPO
Reading now: 490
cnbc.comIn this article
Ousted WeWork CEO Adam Neumann said Tuesday that the company's private, $47 billion valuation went to his head, in the first interview since departing the company in 2019 amid its botched IPO.
«So 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, so I do think it affected it,» he told CNBC's Andrew Ross Sorkin at The New York Times DealBook online summit. «I also think the chase… maybe it went to my head. I do think at some point it did.»
The interview comes less than a month after the company went public through a SPAC merger with a $9 billion valuation.
Neumann confirmed reports that JPMorgan Chase CEO Jamie Dimon, the bank tapped
Read more on cnbc.comAbout this in other media
Ripple case with SEC to ‘likely’ reach a conclusion in 2022, says CEO cointelegraph.com /3 years ago
Stripe co-founder says the $95 billion fintech giant is 'very happy' staying private cnbc.com /3 years ago
Russian Senate Finance Chief Says Crypto ‘Probably Has a Future’ cryptonews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
