Uber's IPO Debacle Raises Hairy Questions for WeWork

Published: 13/05/2019
Uber's IPO Debacle Raises Hairy Questions for WeWork
Source: FINANCE.YAHOO.COM

“Two points make a line,” Triton Research Inc. wrote in a note to clients. Triton warns that WeWork Cos.’s loss profile is even worse than Lyft’s and more closely resembles that of another doomed IPO -- Snap Inc. WeWork “may need a new plan” after Uber proved investor appetite for these types of listings is weaker than expected. It has years of cash runway on its balance sheet, Triton says, which

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