Troubles keep mounting for the We Company as Softbank reportedly calls for shelving the IPO – gpgmail

The troubles for We Company and its main business WeWork are mounting as the Financial Times is reporting that the company’s main backer, Softbank, is pushing for the company to put its troubled public offering on hold. Citing sources familiar with the company and its main investor, the Financial Times said that the cool reception We Company has […]

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

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 […]

Snapchat beats a dead horse – gpgmail

Hey. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on gpgmail this week to surface my favorites for your reading pleasure. Last week, I talked about how Netflix might have some rough times ahead as […]