WeWork’s Adam Neumann steps down from CEO role as IPO plan hits wall

WeWork’s Adam Neumann steps down from CEO role as IPO plan hits wall

Pedestrians pass outside a shared office space, operated by WeWork Cos Inc., in London, U.K., on Monday, Aug. 14, 2017. Photographer: Jason Alden/Bloomberg via Getty Images

Adam Neumann, the charismatic entrepreneur who led WeWork to become one of the world’s most valuable startups, stepped down as chief executive officer after a plan to take the company public hit a wall.

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