The company that operates WeWork’s cache of millennial-attracting co-working spaces is set to publicly file its IPO paperwork as soon as this week.
The We Company, last valued at $47 billion, confidentially filed to go public in April. Its IPO is highly anticipated by high-stake investors like SoftBank and others in the tech industry curious to see the company’s financials and its plan to turn the money-losing business into a sustainable and profitable enterprise.
Under CEO Adam Neumann, the We Company has invested in a bizarre range of projects, from turmeric coffee creamer to wave pools. The company itself rebranded— from WeWork to We Company — in January so it could more easily organize and promote its offerings beyond shared office space.
These are the businesses under The We Company umbrella: