WeWork Gears Up For IPO

The We Company is preparing for an initial public offering.
Business Insider reports the IPO will be backed by SoftBank, the managed office company was last valued at $47 billion.
Like other companies going public, the company is losing billions.
Last year, both its revenue and losses doubled.
CEO and cofounder Adam Neumann has been in the spotlight for his unusual pitches, accounting methods, and potential conflicts of interest.

#Adam Neumann #Masayoshi Son #The We Company #Rent The Runway #Women Partnerships #Initial Public Offering #Venture Capital #Business Insider #US Dollar #SOFTBANK INVESTMENT

By: WOCHIT | 3 weeks ago