WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans

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Investors in startups have generally frowned upon founders who cash out large chunks of shares ahead of a public-markets debut, because it raises questions about their confidence in the company. On the other hand, people close to Mr. Neumann say, his borrowings against some of his WeWork shares indicate that he is bullish on the company’s long-term prospects.

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