WeWork CEO, Adam Neumann, Stepping Down Under Pressure

Dupe. https://news.ycombinator.com/item?id=21062180

Yes. Comments moved thither.

As has been widely reported though, he’ll still have the majority of the votes. Which will be interesting as he can still fire the board with said votes at a future date.

According to the article at https://news.ycombinator.com/item?id=21062180 (the main thread on this), that's not the case.

Yeah looks like this is a recent development. Seems like the governance issues are largely resolved then.

"How I Built This Episode WeWork: Miguel McKelvey" (Sep 3, 2018)

Host: Do you think all of this could just collapse one day?

McKelvey: You know it's a great question. One of the things we're holding onto very tightly is the feeling that we're still figuring it out every day... We'll have that learning curve forever which is what make it awesome.

I guess "awesome" is one way of putting it.