Softbank's roadmap to WeWork's flotation may prove quite tricky

Plans to ditch CEO Adam Neumann to boost valuation could be frustrated by his super-charged voting rightsWeWork’s ambition to float in New York was ridiculed as an exercise in hot air, bad governance and ludicrous financial projections. The arrival on the public markets of the shared-office company was ultimately pulled. Now comes a plan to get the show back on the road, courtesy of 30% shareholder, Softbank: ditch Adam Neumann as chief executive.As far as it goes, it’s a good idea.