WeWork considers leadership changes

Bradley Prior

MyBroadband Journalist
Super Moderator
Joined
Oct 16, 2018
Messages
1,807
WeWork considers leadership changes

WeWork is considering major changes to governance to assuage investor concerns ahead of an initial public offering this month that’s even given pause to some of its own bankers, according to people with knowledge of the situation.

Both of its lead financial advisers -- JPMorgan Chase & Co. and Goldman Sachs Group Inc. -- have concerns about proceeding with an IPO that could value the company as low as $15 billion, the people said, asking not to be identified because the talks are confidential. [Bloomberg]
 

MtraX

Member
Joined
May 26, 2009
Messages
26
Listened to a podcast recently where they likened the founder to Ray Kroc (from McDonalds), owning the naming rights and much of the property leasing it back to WeWork.
 
Top