WeWork Makes First Official Move Toward An IPO
WeWork files paperwork with the SEC to go-ahead with an IPO eventually.
WeWork files paperwork with the SEC to go-ahead with an IPO eventually.
The We Company's new acquisition and development platform is launching in partnership with Canadian investment firm Ivanhoé Cambridge.
A new report has found that WeWork members may have their sensitive materials exposed because its WiFi networks lack basic security measures.
Though talks have not been finalized, multiple outlets have reported that SoftBank and The We Company have come to a buyout agreement worth up to $8B.
WeWork revealed new details about its business model, risk factors, real estate footprint and the involvement of CEO Adam Neumann.
SoftBank wants WeWork to put the brakes on the coworking company's IPO.
The coworking giant is further weakening Adam Neumann's influence as it tries to convince investors it's worth the risk.
WeWork reportedly caused a brief panic among office landlords by halting all leasing activity, but resumed four days later at a slower pace.
After a chilly reception to its IPO prospectus, WeWork may take drastic measures to keep investors interested — including cutting its value by more than half.
SoftBank Group is mulling an investment into The We Company that would give it majority ownership in order to stop the startup's slide into insolvency.
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