2 min
WeWork's Valuation plummets to $8 billion from $47 billion FinTech On The Block
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- Business
After a failed IPO attempt WeWork was set to run out of money by the end of the year. They were looking for new ways to secure additional funding and decided to take on new financing from existing shareholder Softbank. The new deal values WeWOrk at $8 billion down from a previous valuation of $47 billion.
After a failed IPO attempt WeWork was set to run out of money by the end of the year. They were looking for new ways to secure additional funding and decided to take on new financing from existing shareholder Softbank. The new deal values WeWOrk at $8 billion down from a previous valuation of $47 billion.
2 min