- 我们工作，这是准备的 首次公开募股, could have a hard time convincing public investors to value it as much as private investors did — $47 billion as of January.
- Among the reasons investors could be skeptical of such a valuation: The company has $47 billion in outstanding lease obligations, large 和 mounting losses和 numerous governance red flags.
- 更重要的是，其他大型初创公司上市近日， 尤伯杯, lyft和 松弛，自此，在IPO表现不佳。
- 我们工作的投资者怀疑这可能是该公司足够甚至不上市， 斯科特·加洛韦市场营销学教授在纽约大学，说。
Unicorns is the term used for startups with private valuations north of $1 billion. Some of the most highly valued among them, lyft, 尤伯杯和 松弛, have all gone public in recent months, only to see their stocks fall soon thereafter 和 largely stay below their initial prices.
我们工作's business 和 stock offering have lots of problems, said Galloway, who last week wrote a scathing critique of the company's proposed offering entitled “Wewtf。” 巨人联合办公 $ 47十亿在长期租赁债务 but will take in only around $3 billion in revenue this year. It's burning cash 和 seeing its losses grow larger, even as its revenue increases. It's 试图伪装成一个高科技企业的盈利能力，当它真的只是房地产公司，以更高的费用。与 公司治理 和 某些交易 由首席执行官亚当·纽曼多次提高红旗，我说。
But among the biggest problems facing 我们工作's offering is its valuation, Galloway said. The company 在$ 47十亿被重视