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We Company CEO Adam Neumann.
- $4 could begin its IPO roadshow as soon as Monday, September 16, based on a $4.
- Recent reports indicate that $4 WeWork's parent company, has $4 due to a lack of interest from investors.
- Softbank, WeWork's largest outside shareholder, $4 and could face a multi-billion-dollar write-down if The We Company debuts with a valuation between $15 and $20 billion as reported.
- $4
WeWork will proceed with its IPO plans and could begin courting investors as early as next week, according to a $4.
WeWork rebranded itself as The We Company earlier this year to prepare for its IPO and filed its S-1 in August. However, the company has faced increased scrutiny regarding the long-term viability of its real estate investments and co-working space business.
Skepticism from investors has reportedly led WeWork to set its valuation at about $20 billion for the IPO, $4 valuation the company announced earlier this year. WeWork's S-1 revealed that the company is not profitable- in 2018 $4
Read more: WeWork isn't even close to being profitable - it loses $219,000 every hour of every day>$4
Softbank, The We Company's largest outside shareholder, $4 SoftBank and its Saudi-backed Vision Fund have invested more than $10 billion in WeWork, and CNBC notes that it could face a multi-billion-dollar write-down if WeWork makes it debut with a valuation between $15 and $20 billion.
The We Company did not immediately respond to Business Insider's request for comment.
WeWork's roadshow to seek out potential investors could begin as early as Monday, September 10, $4