WeWork may nearly double its worth.
“A year ago, we were told that WeWork was overvalued at $17 billion for real estate,” the executive said at a conference in London on Tuesday, according to Business Insider. “Guess what, they are looking to raise capital at $35 billion today.”
Meanwhile, sources told the Wall Street Journal that the Japanese conglomerate is considering a multibillion-dollar investment that would value WeWork between $35 billion and $40 billion. The talks are “in flux.”
“Maybe it’s overvalued, but I believe they’ll be a $100 billion company in the next few years,” Misra said.