Thursday, 5 September 2019

The We Company considers delaying IPO and slashing valuation to $20B: report

The We Company is planning to halve its valuation and discussed delaying its initial public offering until next year, as a tornado of criticism has been hurled at the company in recent weeks. At a meeting in Tokyo last week, co-founder and chief executive Adam Neumann met with the company’s largest investor, SoftBank, to discuss the immediate future of the office-space startup, according to the Wall Street Journal. Among the options laid out for the […]



source https://therealdeal.com/national/2019/09/05/the-we-company-considers-delaying-ipo-and-slashing-valuation-to-20b-report/#new_tab

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