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We Company reportedly mulls slashing its valuation ahead of its initial public offering

The Wall Street Journal is reporting that the company formerly known as WeWork is considering slashing its valuation as it looks to woo public market investors.
The company is reportedly considering a valuation of somewhere in the $20 billion range for its initial public offering, a figure that’s far less than the $47 billion valuation it received when it raised its last round of private funding.


For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion
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