UPDATED July 19, 9:00 pm: Startups are valued by their potential to grow, and trust in the business model. In the We Company’s case, its $47 billion valuation is set to be tested by the confidence of public markets ahead of an upcoming IPO. But the flexible office space company’s freewheeling founder and chief executive, Adam Neumann, has polarized investors, some of whom have puzzled over company decisions in recent years — the purchase of […]
source https://therealdeal.com/national/2019/07/19/its-really-bad-optics-what-adam-neummans-700m-cashout-says-about-the-we-companys-future/#new_tab
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