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1. Adam Neumann apparently under pressure to withdraw; it sounds like a fight for life between WeWork and SoftBank
WeWork's board members are lobbying controversial CEO Adam Neumann to step down and become non-executive chairman, according to the Wall Street Journal.
Apparently, the pressure comes from the SoftBank investor, who needs The We company IPO to go well. The idea is to maintain Neumann's participation, while making room for a new leadership that could make Wall Street more comfortable with a WeWork IPO.
2. How Peloton made the sweat sufficiently addictive for an IPO
Speaking of IPOs, Josh Constine explains 13 reasons why this fitness company – which is about to become public – has built such a dedicated cult. In the end, he says he is optimistic about Peloton because people will always be busy, lazy and competitive.
3. Amazon's 'Fleabag' wins four Emmys, including the best comedy series
Netflix did not go home empty handed either, with victories for "Ozark", "When they see us" and "Black Mirror".
4. 100 Nadeshot robbers and the Braun scooter arrive to disrupt
The sports organization, founded by Matthew "Nadeshot" Haag, has developed over the past two years to become a well-known name for those who follow the games. Haag will be joined on the Disrupt scene by 100 Thieves co-owner, Scooter Braun, who also manages megastars like Justin Bieber and Arianna Grande.
5. The founders of Kabbage earn $ 11 million for Drum, an SME market for finding sellers, goods and services
Drum is a marketplace for companies to recruit salespeople and sell their goods and services. Co-founder Rob Frohwein said the start-up "is democratizing access to a physical sales force."
6. How Kobalt puts on the music of the middle class and DIY stars
This is the last article of our detailed EC-1 Profile on Kobalt Music Group. The CEO of the company, Willard Ahdritz, predicted several years ago that streaming and social media would increasingly reduce the power of control of major groups of labels, which would allow the market to focus on a vast landscape of niche musicians. (Extra Crunch subscription required.)
7. This week's TechCrunch podcasts
The Equity Team discusses one of the most cherished beliefs of Silicon Valley, the "Founder Worship". At the same time, Original Content is catching up with Netflix's thrilling reality show "Terrace House".
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