WeWork - Analysts assess, the conditions that occur at WeWork could be a signal of the end of the era of startup companies loss incentive ‘money to burn’.
“We're pretty sure there are about US$ 10 billion to US$ 11 billion they have (SoftBank) invest (at WeWork),” said Research Analyst in Equity Technology at Jefferies, Atul Goyal quoted from Fortune, Friday (11/10).
While the valuation WeWork called down from US$ 47 billion to US$ 10 billion currently.
Goyal estimates, SoftBank will be loss if the valuation WeWork down up to US$ 10 billion.
Equity Strategist at Morgan Stanley Michael Wilson said, the failure of the WeWork could be a signal the expiration of the ‘day-to-day capital without limit to the business that does not profit’.
It was conveyed in a memorandum dated September 29, 2019 are given to the client.
