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We may revisit IPO plans after turning profitable in 2021: WeWork CEO
short by Hiral Goyal / on Thursday 29 October, 2020
WeWork CEO Sandeep Mathrani said that the company may revisit its initial public offering (IPO) plans once it hits the target to become profitable by 2021. "I'm a big believer in one step at a time so let's hit profitable growth first," Mathrani added. WeWork had withdrawn its $47-billion IPO in September 2019 after its valuation plummeted to $8-billion.
read more at BloombergQuint