WeWork's IPO filing will reportedly be revealed as soon as next week, giving us our best look yet at its business

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The company confidentially filed to go public in April and was valued at $47 billion in its most recent private funding round in January.

Coworking space startup WeWork could unveil its IPO filing as soon as next week, according to a Bloomberg report Friday. The company confidentially filed to go public in April and was valued at $47 billion in its most recent private funding round in January and has raised $10 billion in funding since 2011. The company's financials have come under scrutiny in the run-up to its public debut as it struggles to turn large real estate investments into a profitable business model.

Coworking space startup WeWork could unveil its IPO filing as soon as next week, according to a Bloomberg report Friday. The company confidentially filed to go public in April and was valued at $47 billion in its most recent private funding round in January and has raised $10 billion in funding since 2011. The company's financials have come under scrutiny in the run-up to its public debut as it struggles to turn large real estate investments into a profitable business model.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber CEO has no regrets about poor IPO, says company still 'not getting through' to investorsUber CEO Dara Khosrowshahi has no regrets about taking the company public, saying investors are not getting it. Dang. I thought he was going to publicly say it was a terrible idea. Of course not he’s getting his $$$ Why would he, they all made a shit ton of 💰 💰 💰
Source: CNBC - 🏆 12. / 72 Read more »