“As low as” Isn’t it still tons higher than a fair market evaluation compared to other rental companies? I mean I get that they “own the word We” and branded th

“As low as” Isn’t it still tons higher than a fair market evaluation compared to other rental companies? I mean I get that they “own the word We” and branded themselves a tech company. But when you strip away those jokes, they are just a b2b rental company that’s bleeding money month after month. I feel like the real news is that rather than drop the IPO in the face of severe disillusion they(SoftBank) are actually trying to recoup some of their losses while cutting the company down, rather than comfortably pursuing the valuation that they previously seemed to push as being a reasonable possibility.