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WeWork Will Reportedly Go Forward With Its IPO

Reports have revealed that WeWork will go ahead with its IPO, despite pushback from its largest outside shareholder and financial backer SoftBank.

SoftBank and its Vision Fund have invested over $10 billion into the company and could face big losses if the company debuts with a valuation between $15 and $20 billion. Click To Tweet

After the company’s August S-1 filing faced intense scrutiny from experts and the public alike, it slashed its valuation from $47 billion to around $20 billion.

WeWork’s IPO roadshow could begin as early as this week, according to CNBC. 

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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