WeWork And The IPO Drama

WeWork is one of the world’s most valuable startups, valued at $47 billion during its last round of funding in early 2019. The We Company, WeWork’s parent company, filed for IPO mid-August, and since then, things have never been the same for the real-estate startup. The process for going public requires the organization to disclose its earnings, assets, revenue and cash flow(if any). While it was pretty well-perceived by investors that WeWork was burning cash month after month, chasing growth as opposed to profits, but the IPO filing reveals how staggering the numbers truly are! Several of its top executives…...