The We Company ’s S-1 contains information about its financials according to Rett Wallace , CEO of Triton Research . Wallace said “ the prospectus is a masterpiece of obfuscation ” adding that if the figures were encouraging there would be no need to be so opaque . WeWork Secures $1.75 Billion Credit Line From Goldman Sachs WeWork is hoping that its somewhat novel model of creating shared spaces out of leased properties and offering them to small businesses and entrepreneurs will enable it to sustain growth long term, but the question is can it manage the costs related to expensive leases in large cities, and many were hoping its S-1 filing would clear that up. We uses what it calls an open index to evaluate companies that are preparing to list , which it claims has a very good record . Based on how straight - forward firms present their information in their S-1 , Wallace found Elastic ##a and Smartsheet , which are up an average of 92 % from their IPO , scored highly on the index .
The We Company ’s S-1 contains information about its financials according to Rett Wallace , CEO of Triton Research . Wallace said “ the prospectus is a masterpiece of obfuscation ” adding that if the figures were encouraging there would be no need to be so opaque . We uses what it calls an open index to evaluate companies that are preparing to list , which it claims has a very good record . Based on how straight - forward firms present their information in their S-1 , Wallace found Elastic ##a and Smartsheet , which are up an average of 92 % from their IPO , scored highly on the index .