Real Estate

WeWork Weighs Slashing Valuation by More Than Half Amid IPO Skepticism

WeWork Weighs Slashing Valuation by More Than Half Amid IPO Skepticism

“I’ve heard no bullish views at all,” said Rett Wallace, chief executive of Triton Research, which analyzes pre-IPO companies for investors. “There were Uber bulls, there were Lyft bulls, there were Snap bulls.” He added that “WeWork is exhausting people’s cynicism.”