NYU professor calls WeWork’s IPO ‘Botox on a lame Unicorn’ and says its price and valuation will be a ‘throne of lies’
|09/16/2019||Posted by BusinessMediaguide.Com under General World News||
- NYU professor Scott Galloway, known for his fiery tech punditry, has described WeWork’s IPO as “Botox on a lame Unicorn” and has called on the SEC to investigate the float.
- WeWork confirmed late on Friday that is still preparing to go public under its new name, The We Company, but that it had slashed CEO Adam Neumann’s control of the company in response to investor jitters, among other governance changes.
- Galloway said the governance changes took the company from “stage 4 cancer” to “stage 3.8” and speculated on why WeWork is continuing with an IPO that potentially values the firm at as read more >>>