Is WeWork A Fraud?
Authored by Henry Hawksberry, first published on Medium So in a nutshell, this is what we know about this charade so far: Its not a technology company in any way, shape … Read more
wework
I read analysed all ~180 pages of the WeWork SEC filing (S-1 and Balance Sheet): It’s even worse than you think.
by talesofstocks tl;dr: IN MY OPINION WeWork is at best an incredibly tenuous business idea that operates on the idea that their growth, building construction, and the economy as a whole … Read more
WeWork IPO, the Straw that Breaks the Stock Market’s Back? Valuation Plunged by up to 79%
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “They’re Going to Screw Up the Market”: Jim Cramer, on the moment-of-truth effects of the WeWork IPO. Much like the Fed, as some would say, Jim … Read more
WeWork will have the most successful IPO ever and then the entire market will crash just like it did in 2008.
by GoRocketMan93 History repeats itself, so hear me out. WeWork is a terrible company that has a CEO who doesn’t play by the rules and sees himself as a lone … Read more
WeWork Mulls Governance Changes To Save IPO
finance.yahoo.com/news/wework-mulls-governance-changes-save-010858187.html Both of its lead financial advisers — JPMorgan Chase & Co. and Goldman Sachs Group Inc. — have concerns about proceeding with an IPO that could value the company … Read more
WeWork is worth 70% below where it last raised money, NYU’s ‘dean of valuation’ says
via CNBC: WeWork’s equity is really worth $14 billion — 70% below where it last raised money in private markets, NYU’s ‘dean of valuation’ Aswath Damodaran says. One key reason for … Read more
It really is stunning the amount of $$ thrown at WeWork. Softbank invests at a $47 bln valuation – now likely worth only $20 bln!!??
It really is stunning the amount of $$ thrown at WeWork. Softbank invests at a $47 bln valuation – now likely worth only $20 bln!!?? SoftBank employess face loss and … Read more
WeWork already taking a loss before the IPO
by mercalli WSJ – WeWork Weighs Slashing Valuation by More Than Half Amid IPO Skepticism [Non-paywall] archive.is/cA7wu Adds some doubt to buying puts outright, maybe time to buy calls with SoftBank’s deep … Read more
WeWork parent weighs slashing its valuation roughly in half to around $20 billion amid IPO skepticism, say people familiar with the matter
WeWork parent weighs slashing its valuation roughly in half to around $20 billion amid IPO skepticism, say people familiar with the matter This is a developing story…. www.wsj.com/articles/wework-parent-weighs-slashing-its-valuation-roughly-in-half-11567689174?mod=BNM&mod=breakingnews
WeWork IPO – A Brief Look
by TT3778 terrencenotes.com/2019/08/29/wework-ipo-good-deal/ WeWork filed their IPO prospectus on 14th August 2019 with the SEC, under its holding company The We Company. Forbes quipped it the most ridiculous IPO of … Read more
WeWork Is the Most Ridiculous IPO of 2019
Pretty good article that sums up all of the problems related to WeWork (IPO expected in September). Here’s my tl;dr (although don’t quote me one it): Uses an 8.2% discount … Read more
WeWork Analyst Warns IPO Filing a ‘Masterpiece of Obfuscation’
Triton Research’s obfuscation index ranks WeWork at high level Method of expensing costs raises questions, analyst says bloom.bg/30nK9iE From their SEC filing: “We have a history of losses and, … Read more
“WeWork IPO filing shows it’s losing nearly $5,200 per customer”
WeWork’s corporate parent We Company revealed in documents for its upcoming initial public offering that the office-share company lost more than $1.3 billion from its operations in the first half … Read more
In January, WeWork announced it was rebranding as The We Company. It bought trademarks for “we.” From whom? We Holdings LLC, an entity controlled by WeWork CEO Adam Neumann “we” cost $5.9 million.
another tidbit I found amusing: In January, WeWork announced it was rebranding as The We Company. It bought trademarks for "we." From whom? We Holdings LLC, an entity controlled by … Read more
WeWork, which rebranded to the We Company, is widely expected to go public as soon as September. WeWork was recently valued at $47 billion. The company reported revenues of $1.54 billion and a net loss of more than $900 million for the first six months of 2019.
WeWork is widely expected to hold its IPO as soon as next month, joining a flurry of tech companies that have gone public this year. The company, which recently rebranded … Read more
In Hilarious IPO Filing, WeWork Dreams of $3 Trillion in Revenue But Has Billions in Losses. Red-Ink Massacre to Come in 2nd Half
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter All in next-gen corporate speak to give you the warm & fuzzies. Meanwhile, Uber hits new low, down 24% from IPO price. “The We Company,” as … Read more