Pre-IPO Sector – News Update – Week of 9/30/2019

Last week, Juul’s CEO, Kevin Burns, was replaced by K.C. Crosthwaite, who was previously the chief growth officer at Altria.

WeWork’s CEO, Adam Neumann, stepped down following WeWork’s decision to postpone its IPO.

Peloton raised $1.16 billion at a valuation greater than $8 billion in its IPO.

The news articles and links presented below are available for your reference.

JUUL

“Juul CEO is Out, and It Stops All Advertising as Vaping Crisis Escalates“

PELOTON

"Peloton Prices IPO at $29 Per Share"

WEWORK

"WeWork’s Adam Neumann Steps Down as CEO"