WeWork imploded when documents submitted ahead of a planned IPO revealed billions of dollars of commitments and no convincing path to profitabilityDo retail investors still want to invest in huge private technology companies after witnessing the humiliation suffered by overweening office rental start-up WeWork?
The US Securities and Exchange Commission seems to think so. Jay Clayton, chair of the SEC, has called lack of investor access to private companies a “growing concern”.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
So you telling us the we work buildings that popped up all over the show was actually a bad investment in SA?
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