WeWork’s pre-IPO troubles serve as reality check for start-ups as ‘growth at any cost’ dies
A man enter the doors of the ‘WeWork’ co-operative co-working space in Washington, DC. Mandel Ngan | AFP | Getty Images WeWork has become a cautionary tale for private equity and venture capital executives who are learning that growth at all costs doesn’t always cut it in public markets. The real estate start-up has seen a number of set-backs in recent weeks, including a dramatic cut in its valuation and its biggest outside investor, SoftBank, urging the company to shelve the offering. Mark Goldberg, partner at Index Ventures, said those events are changing conversations about what it means to be
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