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Another pre-IPO concern for the We Company: lease debt

It’s been a year of ballooning financial numbers for the We Company, which has seen both revenue and losses roughly double year-over-year. Another figure has reportedly nearly doubled as well – the co-working company’s lease obligations. In a development that may concern investors in the run up to an initial public offering, the company formerly known as WeWork had about $ 34 billion in lease obligations at the end of last year, up from $ 18.2 billion […]

The Real Deal New York

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