Adam Neumann has cashed out more than $700 million from the We Company in advance of the company’s initial public offering. It’s not often that private companies publicize such deals ahead of going public, according to the Wall Street Journal, and Neumann’s is one of the largest known such transactions. Startup investors generally do not like it when founders cash out before an IPO, as it can raise questions about how confident they are in […]
source https://therealdeal.com/national/2019/07/18/adam-neumann-has-cashed-out-more-than-700m-prior-to-we-company-ipo/#new_tab
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