#Neumann’s Party’s Over at #WeWork

Out as CEO. Just in time ....

WeWTF, Part Deux 

No Mercy / No Malice

Scott Galloway

@profgalloway

"it's as if the lights have been turned on at a cocaine-fueled party that ended several hours too late. Everyone and everything suddenly looks bad, scary even."

…

What's worse than spending all day every day at home with two baby boys or downtown at AMEX? Engaging in fraud.  

The two most senior corporate communications exes, Jennifer Skyler and Dominic McMullan, both left recently, right before the IPO. Ok, so think about that. You are the belles of the ball of a firm about to IPO at $50 billion, and (in the case of Dominic) you announce, weeks before the IPO, "I've decided to take time off to spend with family in Brooklyn for now." Yep, that makes sense. You know us men, always leaving right before the IPO to spend more time with our families. 

The head of comms, Jennifer Skyler, left a few weeks ago for AMEX. ....Who wouldn't want to bolt from the second-most-anticipated IPO of the year to go flack about the new American Express Marriott Bonvoy Brilliant Card???

…

Predictions:

• In the next 30 days, a series of explosive investigative journalism pieces will document breathtaking malfeasance at We.
• In the next 60 days, a state attorney general, SEC, or other regulatory body will launch a formal investigations into We.
• Over the next 12 months, SoftBank's Vision Fund will be shuttered.

See The Whole piece here: 

WeWTF, Part Deux | No Mercy / No Malice https://www.profgalloway.com/wewtf-part-deux/

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