'Adam was the sun and we all revolved around him,' a WeWork employee told the Financial Times after the IPO collapsed and Neumann stepped down.
WeWork’s cofounder and ex-CEO Adam Neumann instilled a culture of superiority at the coworking startup,„Adam was the sun and we all revolved around him,“ a WeWork employee told the newspaper. „We were kings of the world.“SoftBank CEO Masayoshi Son goaded Neumann into expanding WeWork faster by comparing it to other businesses.
SoftBank’s bosses interpreted Neumann’s comments as a threat to sabotage their efforts to win US regulatory approval for the merger of their wireless carrier, Sprint, with rival T-Mobile, the newspaper said.
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