WeWork IPO

www.wework.com | Real Estate | Founded: 2010 | Funding to Date: $8.77B

The We Company, formerly WeWork, was founded in 2010 by Adam Neumann, Rebekah Neumann, and Miguel McKelvey. The company cancelled its planned IPO in September 2019 and has not officially endorsed a plan to participate in one in the future.

The We Company originally operated as the sharing economy’s answer to office space leasing. Since then, the company has launched business lines to address space needs for residential businesses, schools, and gyms, among others. The company has raised over $7 billion in equity financing from investors including SoftBank, Catalyst Investors, Legend Holdings, Troy Capital Partners, Goldman Sachs, Benchmark, Harvard Management Company, JPMorgan Chase, Fidelity, MassMutual, and T. Rowe Price. It has been widely reported that We last raised $2.5 billion in October 2019 at a post-money valuation of under $8 billion.

Latest Insights on WeWork IPO

Date of Last Funding Round August 2017
Value at Last Round $21.18 B
Amount of Last Raise $3 B
Total Funding to Date $4.75 B

ENTERPRISE VALUE (based on primary fundings)

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Mutual Funds holding WeWork

  • Fidelity Advisor New Insights Fund - December 2018

  • Fidelity Contrafund - December 2018

  • Fidelity Series Opportunistic Insights Fund - December 2018

To see more, including pricing data for each fund, please register or login >>

Learn more about buying or selling WeWork Stock >>

NEWS

Techcrunch

Japanese e-commerce giant Rakuten has decided not to renew its contract with WeWork when it expires next month, according to a report in The Japan Times. Rakuten had leased about 700 desks in Tokyo, but is now planning to move employees from its fintech division into its own new offices. Both WeWor…

Disclaimer

None of the information displayed on this page (i) represents an offer to buy or sell or a solicitation of an offer to buy or sell any security, (ii) constitutes an offer to provide investment advice or service, nor (iii) should be construed to mean that a company has officially endorsed a plan to participate in, or forego, an IPO merely by its inclusion on this page.

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