13-09-2019 22:42 via feedproxy.google.com

The history of WeWork’s meteoric valuation rise — and fall

Soon-to-be-public WeWork, the coworking company that leases office space to other startups, is  reportedly targeting a $10 billion valuation for its public debut.
The valuation is significantly lower than the $47 billion valuation it once commanded and comes as WeWork's team scrambles to get investors on board with its heady IPO.
Since it was founded in 2011, WeWork has raised a whopping $8.39 billion in private funding from backers like SoftBank's $100 billion Vision Fund.
See WeWork's ful
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