WeWorkTaylorHart

Exercising WeWork Stock Options

I left WeWork a while ago, still holding this account. I can purchase a couple hundred shares at around 22$ apiece. I’d write a check for ~2500 in total. Should I do it? Everyone is telling me the stock is gonna be shite soon as they go public. Unless there’s an obvious upside (I don’t know shit about stocks, excuse my ignorance)

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Google Fishswe Oct 15, 2018

Buy it

Upgrade AppDirect Oct 15, 2018

Google it

Athenahealth UrFriend Oct 16, 2018

Yes buy it

WeWork TaylorHart OP Oct 16, 2018

To the “yes” answers: why?

Athenahealth UrFriend Oct 16, 2018

Stock pre ipo is sold to employees at a discount usually .

Apple StringBet Oct 17, 2018

$22 share. Assuming their current valuation is a FMV of $65 a share or so even if they IPO and drop to 50% of their current FMV privately, you’re still getting a 50% ROI. Now, the issue is when they IPO. Rumor has it they’re getting another round of funding from SoftBank who’ll take a majority stake and may not want to IPO for years... Which means you either need to wait for a stock buyback or sell on a secondary market.

WeWork TaylorHart OP Oct 17, 2018

This was the information I was looking for. Thank you.

Amazon Amazinc Jan 26, 2019

Did you end up buying the Wework vested stock options?