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As WeWork has raised $12.8 billion [1], that would be quite a devastating repricing. I would think they would just remain private at that price, but maybe they
by laser 7y ago
As WeWork has raised $12.8 billion [1], that would be quite a devastating repricing. I would think they would just remain private at that price, but maybe they need the cash and no private investors will give it to them.
[1] https://www.crunchbase.com/organization/wework/funding_rounds/funding_rounds_list#section-funding-rounds https://www.crunchbase.com/organization/wework/funding_round...
- benj111 7y agoI think they have $6bn in loans lined up contingent on selling $3bn worth of shares. So pulling out would put a hole in their expansion strategy. It may also be that they would be unable to get such an offer for $6bn again, bearing in mind the now much lower valuation. But then the vision fund has deep pockets, as do its investors so who knows.