WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
PYMNTS
NOVEMBER 8, 2019
Following WeWork ’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. Potential investors wanted to know how those companies plan to turn a profit. WeWork abandoned its IPO plans after massive losses turned off investors.
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