Equities

Reuters exclusively reports WeWork to press on with IPO launch

Reuters exclusively reports WeWork to press on with IPO launch

On Sept. 6, Reuters exclusively reported that WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as the following week, braving concerns over the valuation it can achieve in a listing. Growing investor skepticism over We Company’s lack of a roadmap to profitability, and its co-founder Adam Neumann’s firm grip on its governance, are weighing on its IPO prospects.