WeWork files confidentially for IPO

WeWork, the co-working giant now known as The We Company, has submitted confidential documents to the U.S. Securities and Exchange Commission for an initial public offering, the company confirmed in a press release Monday.

According to The New York Times, the business initially filed IPO paperwork in December.

WeWork, valued at $47 billion in January, has raised $8.4 billion in a combination of debt and equity funding since it was founded by Adam Neumann and Miguel McKelvey in 2010.

This story is updating 

from TechCrunch https://tcrn.ch/2ZFwsff