WeWork And The IPO Drama

2 min read


WeWork is one of the world’s most valuable startups, valued at $47 billion during its last round of funding in early 2019. The We Company, WeWork’s parent company, filed for IPO mid-August, and since then, things have never been the same for the real-estate startup. The process for going public requires the organization to disclose its earnings, assets, revenue and cash flow(if any). While it was pretty well-perceived by investors that WeWork was burning cash month after month, chasing growth as opposed to profits, but the IPO filing reveals how staggering the numbers truly are! Several of its top executives…...

This article is free to read

Login to read the full article


By subscribing to our main site, you will also be subscribed to DDIntel - our regular letter showcasing our featured articles and applications.

Adi Gandhi Adi is a startup enthusiast, and a hobbyist writer currently pursuing a Masters degree in Chemistry from Indian Institute of Technology, Kharagpur. He is a big reader of non-fiction business books and has a deep interest in economics and finance.