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

Link here

We are primarily funded by readers. Please subscribe and donate to support us!

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.

What do you guys think of this?

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.