WeWork Investors Turned Off by ‘Sloppy’ IPO Filings

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Details that were wrong or omitted from WeWork's financial disclosures may have soured investors

WeWork parent We Co. misstated the number and cost of the working desks it set up in the first half of the year when.

Source: News Formal (newsformal.com)

 

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So, the emperor was not only naked, he probably did not pay the weavers. At best WeWork was sloppy with their S-1, but feels a lot like intentional obfuscation - or fraud. profgalloway might have an opinion on this. WeWTF

So Not the umbrella?

A billion in losses didn’t sour it with suckers. It was the omitted details 👌 The real question is, who’s going down with them? Is Softbank going to be some LTCM 💩? WeWork Ponziassets stocks stockmarket investing

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