The $47 Billion Mistake: Why Being the Smartest Person in the Room Is Killing Your Company’s Value

Here’s what happens when founders mistakes their own presence for a company.

Co-Founder and CEO of WeWork Adam Neumann. Photo: Getty Images

By the time WeWork’s IPO collapsed in 2019, the company relied heavily on one person for decision-making, risking operational failure if that person left, highlighting the dangers of founder dependency. When that person left, WeWork’s valuation plummeted from $47 billion to bankruptcy in a shockingly........

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