WeWork considers dramatic valuation cut in IPO

By

May seek valuation of between US$10bn and US$12bn, a dramatic discount to the US$

WeWork considers dramatic valuation cut in IPO
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between US$10 billion and US$12 billion, a dramatic discount to the US$47 billion valuation it achieved in January, people familiar with the matter said on Friday. Were the We Company to press on with the ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

ANZ stands up an 'enterprise AI control plane'

ANZ stands up an 'enterprise AI control plane'

Australian Unity taps former Optus CIO as tech leader

Australian Unity taps former Optus CIO as tech leader

Log In

  |  Forgot your password?