[braythwayt]

I don't think speed would help. If Softbank were the only people putting in the last few rounds, that suggests that nobody else wanted to invest in this business with this governance.

People already knew what kind of business WeWork was. Sure, they were getting press, but when actual institutional investors looked at it, they must not have liked what they saw.

That has been going on for the last few rounds, so I suspect that they couldn't have gone public then, either. Nobody was buying what they were selling, except Softbank. And once the S-1 dropped, the press and social media saw all the red flags together in one document.

Those red flags would have been just the same if they'd gone public earlier.

[fragmede]

Uber's lackluster IPO factored in to the decision. An IPO by We before Uber means there's less data on how much investors value a brand.