WeWork mulls slashing IPO valuation as skepticism rises over business model: sources

WeWork mulls slashing IPO valuation as skepticism rises over business model: sources

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-wework-ipo/wework-mulls-slashing-ipo-valuation-as-skepticism-rises-over-business-model-sources-idUSKCN1VQ1PE

WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday.