WeWork IPO valuation likely below $20 billion, clouding SoftBank's vision

WeWork IPO valuation likely below $20 billion, clouding SoftBank's vision

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-wework-ipo/wework-ipo-valuation-likely-below-20-billion-clouding-softbanks-vision-idUSKCN1VV07C

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key group portfolio firms have tumbled in value.

WeWork IPO valuation likely below $20 billion, clouding SoftBank's vision

Sep 10, 2019, 11:27am UTC
https://www.reuters.com/article/us-wework-ipo/wework-ipo-valuation-likely-below-20-billion-clouding-softbanks-vision-idUSKCN1VV07C >WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key group portfolio firms have tumbled in value.