wework - HoustonNewMedia.org

WeWork to go public via SPAC led by tech entrepreneur Vivek Ranadive

Cromwell Schubarth — Fri, 26 Mar 2021 18:53:35 +0000

The deal would value WeWork at $9 billion including debt, far less than the $47 billion that it was estimated to be worth after a private round of financing from SoftBank in 2019, the year its efforts to go public in a traditional IPO imploded.

The post WeWork to go public via SPAC led by tech entrepreneur Vivek Ranadive first appeared on HoustonNewMedia.org.

The post WeWork to go public via SPAC led by tech entrepreneur Vivek Ranadive appeared first on HoustonNewMedia.org.

WeWork to sell non-core assets, change compensation and salary packages

Anthony Noto — Tue, 17 Dec 2019 18:38:45 +0000

After going through a major round of layoffs, WeWork is implementing several changes.

The troubled New York-based office space company, which has four Houston-area locations, is looking to sell a number of its non-core assets — properties it bought wi...

The post WeWork to sell non-core assets, change compensation and salary packages first appeared on HoustonNewMedia.org.

The post WeWork to sell non-core assets, change compensation and salary packages appeared first on HoustonNewMedia.org.