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WeWork > FLers 'home away from home'

Community Guru
Wendy C Member Since: Aug 24, 2015
1 of 2

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...

Community Guru
Miriam H Member Since: May 16, 2017
2 of 2

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. 

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