Tech-oriented office company WeWork files to go public

Office rental company filed for initial public offering, publishing statements showing loss of almost $700m in the first half of 2019WeWork, the office rental company, became the latest Silicon Valley “unicorn” to file for an initial public offering on Wednesday and published detailed financial statements that showed it lost almost $700m in the first half of 2019 while doubling revenue.The preliminary filing with the US Securities and Exchange Commission takes it a step closer to a planned listing next month and comes at a time when stock markets are in turmoil due to a prolonged trade war between the United States and China. Continue reading...

Tech-oriented office company WeWork files to go public

Office sharing startup WeWork will be going public after its parent company filed papers Wednesday for a stock sale, despite losing money amid rapid expansion.

Wed 14 Aug 19 from TechXplore

So How Much Is WeWork Spending on Kombucha Taps as it Hemorrhages Billions?

WeWork, the coworking space startup, just filed paperwork detailing its financials with the Securities and Exchange Commission for an initial public offering and boy, oh boy, does it throw away ...

Wed 14 Aug 19 from Gizmodo

WeWork’s S-1 misses these three key points

No startup is as polarizing as WeWork, and for good reason. The company, whose relentless growth has seen it open 528 locations across 111 cities in just about nine years, has never been entirely ...

Wed 14 Aug 19 from TechCrunch

WeWork files for IPO amid investor skepticism over deep losses

Office rental company filed for initial public offering, publishing statements showing loss of almost $700m in the first half of 2019WeWork, the office rental company, became the latest Silicon ...

Wed 14 Aug 19 from Guardian.co.uk

WeWork files for IPO after losing $1.9 billion last year

WeWork's parent company publicly filed paperwork on Tuesday to go pubilc, joining a growing list of tech companies that have raced to Wall Street despite a history of steep losses.

Wed 14 Aug 19 from CNN

WeWork reveals IPO filing

WeWork is expected to go public as soon as next month.

Wed 14 Aug 19 from TechCrunch

WeWork IPO filing: Losses, risks, and platitudes

The We Company’s stated mission to “elevate the world’s consciousness” raised eyebrows on social media today as journalists pored through its detailed SEC filing. The ...

Wed 14 Aug 19 from Fastcompany Tech

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