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Wework’s Neumann Sells Part Of Stake - Barron's

by barrons.com posted 6months ago 27 views
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. WeWork Cos. co-founder Adam Neumann has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, people familiar with the matter said -- an unusually large sum given that startup founders typically wait for the IPO to monetize their holdings.

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