WeWork IPO

The Latest

  • WeWork Shares Dive To Record Lows; Job Cuts Underway
    OFFICE-SHARING
    Office-sharing company could eliminate at least 4,000 employees this week, sources say
  • WeWork $1.25 Billion Poorer In 3rd Qtr; Plans Major Job Cuts
    WEWORK
    WeWork is now embarking on a major restructuring and has sold off most of its side businesses
  • WeWork Will Abandon Shares Structure Under SoftBank Rescue
    WeWork
    WeWork is in a bind as the startup is set to choose between JPMorgan and SoftBank for a rescue deal.
  • WeWork Could Run Dry In November
    WeWork office
    WeWork may run out of cash next month but SoftBank won’t allow the once-promising startup to go down without putting up a fight.
  • US Firms’ Latest Troubles In IPOs Make Direct Listing Preferable
    Wall Street Now Starting To Depend On Chinese Unicorns
    After the head-splitting experience of WeWork in launching its IPO, companies now prefer direct listing, spelling trouble for Wall Street.
  • Canceled With No Time Frame For Initial Public Offering Of WeWork
    Expected $47 Billion To Below $20 Billion Valuation For WeWork
    SoftBank’s not-so-good experience with WeWork isn’t over with the drop-off of its valuation happening from $47bn to $24bn.
  • Adam Neumann Exits CEO Seat As WeWork Struggles Pile Up
    Adam Neumann steps down
    WeWork announced a major executive shakeup late Tuesday as it continues to struggle with concerns and scrutiny from industry analysts.
  • SoftBank’s Patience Got Tested And Wants WeWork’s CEO To Step Down
    Adam Neumann steps down
    Though “humbled” by WeWork’s IPO delay, CEO Neumann didn’t attend recent gathering organized by SoftBank.
  • WeWork Still Struggling To Get Investors For IPO
    WeWork space
    WeWork is still struggling to get investors on its side and is reportedly pushing back the IPO initially scheduled this month.
  • WeWork IPO: why investors are beginning to question the office rental firm’s value
    WeWork IPO: why investors are beginning to question the office rental firm’s value
    WeWork looked set to become the latest tech startup to launch on the stock market at an astronomic valuation. It still could. The office rental company was initially valued around US$47 billion. Now there’s talk of this being halved to US$20 billion. Even that is still a lot of money.