WeWork’s CEO is sending more signals that may scare off potential IPO investors. The Wall Street Journal reported Thursday that Adam Neumann has sold or borrowed against at least $700 million of his WeWork stock. Like most things WeWork does, the amount Neumann raised is unusually large for a pre-IPO tech executive. But the practice of top executives selling stock before an IPO is becoming more...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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