[wayoutthere]

Softbank are the ones who drove the valuation that high. I agree with the cult of the CEO thing and all, but I’ve always felt the smart money in the valley knew to stay away from WeWork. It was a sucker’s gambit from the start.

[whatok]

Wikipedia is saying that the 2016 round valued We at 16bn which was before Softbank invested. It was already overvalued before Softbank and the corporate governance issues were there before as well.

[arcticbull]

There is a difference between 20% overvalued on the expectation of future growth and 400% overvalued.

[puranjay]

WeWork should be valued around the same as Regus