WeWork considers dramatic valuation cut in IPO

By on
WeWork considers dramatic valuation cut in IPO

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

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
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
finance security softbank software wework

Most Read Articles

Centrelink IT system risks 'largely' managed during WPIT overhaul

Centrelink IT system risks 'largely' managed during WPIT overhaul
Researchers say not to use myGovID until login flaw is fixed

Researchers say not to use myGovID until login flaw is fixed
DOS Subsystem for Linux breaks cover

DOS Subsystem for Linux breaks cover
Optus, Vocus score first deals in ATO telco carve-up

Optus, Vocus score first deals in ATO telco carve-up
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

A Migration Guide For Businesses Switching Mobile Device Management Solutions
A Migration Guide For Businesses Switching Mobile Device Management Solutions
Plan your post-COVID security strategy
Plan your post-COVID security strategy
The Executive's Guide To The Future Of Work
The Executive's Guide To The Future Of Work
Government Digital Transformation Requires Customer Obsession
Government Digital Transformation Requires Customer Obsession
Master the fundamentals of AWS cost efficiency
Master the fundamentals of AWS cost efficiency

Events

Log In

Username / Email:
Password:
  |  Forgot your password?