Will WeWork IPO this year?

Sony Lirik
Sep 9 8 Comments

If no, how do you feel about CEO selling $700M of stock while employee options become worthless?

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TOP 8 Comments
  • New / Creative
    kokinaddic

    New Creative

    PRE
    Netflix
    kokinaddicmore
    They have already halved the predicted ipo value to 20B .."if they ipo" . Their real value is around 5-6B based on the 3x the revenue at best.

    And IPO'ing at 5-6B doesn't make sense, so I think they will not attempt to do that mistake.

    There is nothing concrete that justifies even their 20B valuation.
    Sep 9 2
    • Sony Lirik
      OP
      They have raised more money than they are worth 😂
      Sep 9
    • New / Creative
      kokinaddic

      New Creative

      PRE
      Netflix
      kokinaddicmore
      Its more like a market manipulation, pump and dump scheme.
      Sep 9
  • Credit Karma
    SrfrBoi69

    Credit Karma

    PRE
    Google
    SrfrBoi69more
    Like Credit Karma, there’s no incentive to IPO if they have all the capital they need at this point.
    Sep 9 4
    • Sony Lirik
      OP
      Do they have all the capital they need? They lost almost a billion dollars so far this year.
      Sep 9
    • Credit Karma
      SrfrBoi69

      Credit Karma

      PRE
      Google
      SrfrBoi69more
      I don’t know their balance sheet since it isn’t public, but they seem to have no trouble raising capital privately. Since early investors can sell shares as a secondary capital component of these raises, I don’t see any incentive to IPO.

      Just my opinion. I don’t have any special knowledge of their finances.
      Sep 9
    • Sony Lirik
      OP
      Their S1 has a balance sheet dog
      Sep 9
    • Credit Karma
      SrfrBoi69

      Credit Karma

      PRE
      Google
      SrfrBoi69more
      Do you disagree?
      Sep 9