WeWork hopes to avoid "valuation haircuts that look more like amputations"
In their article for the Wall Street Journal today, Eliot Brown and Maureen Farrell In doing so, they quote a note Triton's Rett Wallace distributed to subscribers earlier in the day. “Unless Uber and Lyft suddenly find themselves in favor and return to values at or north of
their private-market benchmarks, it’s hard to see WeWork coming into the public market
without valuation haircuts that look more like amputations,” Rett Wallace, co-founder of
private research company Triton Research wrote in a note to clients Wednesday. Full article in the Wall Street Journal - HERE