WeWork’s Valuation Falls Below $1 Billion Following Q4 Losses
Adam Neumann (with his arm raised), who launched WeWork in 2008. - Angus Mordant
Business

WeWork’s Valuation Falls Below $1 Billion Following Q4 Losses

The office-sharing startup’s stock has fallen by 80% in the space of one year

WeWork (WE), founded by Adam Neumann, has seen its valuation tumble by 80% over the past year, and is now valued at less than $1 billion, having previously reached a valuation of $47 billion thanks in part to a $4.4-billion SoftBank investment.

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