Firing Adam Neumann won’t solve the flaws in WeWork’s business model | Business Insider

Adam Neumann does not seem like the kind of person you’d want running a public company – or maybe any company at all.

But anyone who thinks removing him as WeWork’s CEO is going to solve the company’s problem and get its initial public offering back on track is seriously deluding him or herself.

The commercial real estate giant’s fundamental problem is not that it has an entitled, hard partying, apparently self-dealing egomaniac as its head. Its core trouble is that it has a business model that just doesn’t work.

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