The We Company: How Do You Like We Now?
In August 2019, WeWork filed for an initial public offering; investors in its 14 venture capital rounds were anxious for an exit. Softbank had invested US$6 billion in WeWork, including US$2 billion in the Series H round that valued the firm at US$47 billion; consequently, it hoped for a positive reception from Wall Street. While WeWork had 100 per cent recent sales growth, its net income was US$1.9 billion, and it was on pace to spend over US$5 billion in 2019; it needed capital. WeWork's chief executive officer met with SoftBank in Tokyo to discuss a "dramatic reduction in its valuation." Should they proceed with the IPO, even if it required a reduction in its valuation, or should they cancel the IPO and pursue an additional round of private capital? Mark Simonson is affiliated with Arizona State University.
【書誌情報】
ページ数:13ページ
サイズ:A4
商品番号:HBSP-W20367
発行日:2020/5/1
登録日:2021/2/19