IPO

WeWork withdraws their IPO - The emperor has no clothes!

Sep
30

Today WeWork formally withdrew their IPO.  A couple of points come to mind in this withdrawal.

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Softbank - Will it write down it's investment in WeWork?

Sep
28
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Softbank has been writing up their investment in WeWork recently.  Their investment and markups have put the potential IPO initially at a $47 billion valuation.

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Copyright 2017 Mark T. McLaren