Deals
A Cheaper WeWork Still Looks Too Expensive, Analysts Say
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Even at half-off, WeWork still has plenty of bears.
At least two analysts on Thursday said a discounted IPO valuation of $20 billion to $30 billion is still too ambitious. But that’s the price WeWork may ask from IPO investors, people with knowledge of the matter told Bloomberg earlier. A recent private funding round valued the New York-based startup at roughly double that amount, $47 billion.