WeWork cancelled its summer camp this year , a sign the serviced - office giant is finally trying to grow up , according to The Sunday Times . The recent pitch to investors sparked governance concerns due to its complex relationship with founder Adam Neumann , and questions over the sustainability of its business model . Quoting a competitor , the company said there is something reckless about the pace of WeWork ’s growth . Industry analysts are sceptical about the tech label WeWork attaches to its brand , with some comparing Neumann to an evangelical preacher , a comparison that is about to face its stiffest test yet . Since launching in 2010 , the company has grown its portfolio to 528 locations in 111 cities across 29 countries .
WeWork cancelled its summer camp this year, a sign the serviced-office giant is finally trying to grow up, according to The Sunday Times. The recent pitch to investors sparked governance concerns due to its complex relationship with founder Adam Neumann, and questions over the sustainability of its business model. Quoting a competitor, the newspaper said there is something reckless about the scale of WeWork’s growth. Industry insiders are sceptical about the tech label WeWork attaches to its business, with one comparing Neumann to an evangelical preacher, a skill that is about to face its stiffest test yet. Since launching in 2010, the company has grown its portfolio to 528 locations in 111 cities across 29 countries.