Most investors will have heard that co-working company WeWork plans to go public this fall. Its tequila-swigging, surfer dude CEO Adam Neumann makes renting office space sound like a spiritual movement. Despite WeWork’s staggering losses, the company has been privately valued at $47 billion and is looking to raise over $3.5 billion, which would make it the second-largest U.S. IPO this year. So will WeWork be 2019’s most impressive unicorn, or an Icarus that falls disappointingly from blue-sky grace? It depends on who you consult. Alternative data analysis Typical alternative data sources paint a rosy picture for WeWork: app downloads…...
WeWork: A Pre-IPO Alternative Data Analysis
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