Do n’t bet on the We Company delaying its IPO , as Axios reports that multiple sources have said Adam Neumann is willing to accept a significant cut in the company ’s valuation to get the deal done and secure the linked $ 6bn credit facility unless SoftBank decides to intervene and provide a further cash injection . Those close to the process believe there is plenty of buy - side interest in the deal , as well as a number of rumors about Neumann according to the news site . It is worth remembering that WeWork was valued at $ 21bn as recently as mid-2017 when SoftBank ’s Vision Fund led a series G funding round . Those close to the process believe that there is lots of buy-side interest in the company, but more than a few outstanding questions about its leader. The leap in valuation occurred in January this year when SoftBank , not the Vision Fund invested $ 1bn at a valuation of $ 47bn and agreed to buy shares worth a further $ 1bn from new and existing investors at a valuation of $ 20bn . Some market sources believe the $ 47bn valuation was , at least in part , designed to help SoftBank raise funds for Vision Fund II .
Do n’t bet on the We Company delaying its IPO , as Axios reports that multiple sources have said Adam Neumann is willing to accept a significant cut in the company ’s valuation to get the deal done and secure the linked $ 6bn credit facility unless SoftBank decides to intervene and provide a further cash injection . Those close to the process believe there is plenty of buy - side interest in the deal , as well as a number of rumors about Neumann according to the news site . It is worth remembering that WeWork was valued at $ 21bn as recently as mid-2017 when SoftBank ’s Vision Fund led a series G funding round . The leap in valuation occurred in January this year when SoftBank , not the Vision Fund invested $ 1bn at a valuation of $ 47bn and agreed to buy shares worth a further $ 1bn from new and existing investors at a valuation of $ 20bn . Some market sources believe the $ 47bn valuation was , at least in part , designed to help SoftBank raise funds for Vision Fund II .