In the lead up to We Company’s IPO, some institutional investors were willing to trade their stock in the company at deep discounts to the $47 billion valuation set by Masayoshi Son and announced earlier his year. Son’s Japanese conglomerate SoftBank announced a large investment in the We Company in January that included $1 billion to buy out current investors. But that money was intended to buy investors out at a valuation of $20 billion […]
source https://therealdeal.com/national/2019/07/02/ahead-of-we-company-ipo-investors-willing-to-sell-shares-at-discount-from-higher-valuations-ft/#new_tab
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