Blog: (We) Working through Lemonade’s IPO woes
I wasn’t surprised to see that Lemonade has reportedly shelved its plans for an initial public offering, amid troubles in investor Softbank’s portfolio.
Softbank, a major investor in We Work and Lemonade, has had a trying few months.
We Work’s valuation has tumbled (Reuters reported estimates sank to $5.9bn (£4.5bn), from $47bn in August) after its
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