Wendy C wrote:
If you're using WeWork space, or thinking about doing so, have a read:
WSJ reports that WeWork is considering a valuation below $20 billion if it launches its IPO, less than half of its most recent $47 billion private valuation.
https://www.wsj.com/articles/wework-parent-weighs-further-valuation-cut-11567976754?mod=djemalertNEW...
Yes, the company has a poor business model - good for Freelancers who want inexpensive co-working spaces, bad for long term and investors.
