4 ms·
Softbank are the ones who drove the valuation that high. I agree with the cult of the CEO thing and all, but I’ve always felt the smart money in the valley knew
by wayoutthere 7y ago
Softbank are the ones who drove the valuation that high. I agree with the cult of the CEO thing and all, but I’ve always felt the smart money in the valley knew to stay away from WeWork. It was a sucker’s gambit from the start.
- whatok 7y agoWikipedia is saying that the 2016 round valued We at 16bn which was before Softbank invested. It was already overvalued before Softbank and the corporate governance issues were there before as well.
- arcticbull 7y agoThere is a difference between 20% overvalued on the expectation of future growth and 400% overvalued.
- puranjay 7y agoWeWork should be valued around the same as Regus