WeWork will reportedly shelve its IPO in a 'last-minute decision' after weak investor interest

WeWork has delayed its initial public offering, according to Reuters.
The shared-workspace group was gearing up for an investor road show this week and a public debut this month, but it made a "last-minute decision on Monday to stand down," Reuters said, citing people familiar with the matter.
SoftBank, a key investor for WeWork, discussed kicking in $750 million to $1 billion to support the IPO, but WeWork determined it would still have raised less than the $3 billion needed to unlock a $6 bill