WeWork postpones IPO WeWork postpones IPO

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Why did WeWork postpone its exit to the stock market?

| 2019/09/19

In this year some of the main disruptive technology companies such as Lift and Uber have not achieved the result they expected when going public. And WeWork, specializing in real estate leases, decided to postpone its debut one week before the set date. The company postponed its Initial Public Offer until December and everything seems to indicate that it did so because it failed to obtain the commitments it expected with some investors. The company, founded by Adam Neumann, hoped to raise between $ 3,000 and $ 4,000 million to continue its expansion plan. However, their recent loss reports would have cooled investor interest.



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https://www.dinero.com/noticias/wework-aplaza-salida-a-la-bolsa/13763

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