By CCN Markets: The last thing an investor wants to read in an IPO prospectus is a warning that the company’s CEO may have committed an SEC violation - even an itsy-bitsy one. But that's the case with WeWork co-founder and CEO Adam Neumann, who is on track to become the next Elon Musk for all the wrong reasons. Let me explain. When the SEC says "quiet," you need to listen! The company’s S-1...
By CCN Markets: The prospect of a WeWork IPO was met with skepticism after the official S-1 filing to the SEC revealed some extravagant facts and figures about the company and its CEO. Here are 5 interesting numbers to be found in the IPO filing. 13 - the number of times ‘energy’ is mentioned Co-founder and CEO, Adam Neumann, once told reporters that his company’s “energy and spirituality” were...
By CCN Markets: There's a song that says, "one is the loneliest number." In fact, zero is the loneliest number, especially when it is preceded by a dollar sign. And $0 is where WeWork stock is going to go after the next recession hits, but don’t count on anyone else to tell you that. So avoid the WeWork IPO. The We Company's Business Model Is Destined to Fail WeWork, or The We Company as it is...