CNBC's Jon Fortt and Casey Newton from The Verge discuss WeWork's IPO, ViacomCBS and more.
WeWork's parent company just filed for an IPO this week, and it could go public as early as Septmeber.
The company joined the flurry of tech IPOs in 2019, but also revealed a massive $900 million loss in the first half of 2019, causing investors to worry about the downside risks.CNBC's Jon Fortt breaks it all down with Casey Newton of The Verge.
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Founder's grip on WeWork may be hard for investors to stomachInvestors in the upcoming initial public offering of WeWork's parent, The W...
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WeWork offers convincing case to avoid its IPOThe shared-office provider’s prospectus displays a convoluted ownership structure, reams of related-party transactions, conflicts and absurd estimates of addressable markets, topped out with inspirational gibberish. What’s simple, however, is its continued massive cash burn.
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