{"id":19322,"date":"2019-09-30T15:30:27","date_gmt":"2019-09-30T22:30:27","guid":{"rendered":"https:\/\/lapost.us\/?p=19322"},"modified":"2019-09-30T15:30:27","modified_gmt":"2019-09-30T22:30:27","slug":"wework-calls-off-ipo","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=19322","title":{"rendered":"WeWork calls off IPO"},"content":{"rendered":"<p>The We Company, parent of workspace-sharing firm WeWork, announced Monday that it will withdraw its initial public offering (IPO), a week after founder Andrew Neumann was removed as CEO.<\/p>\n<p>\u201cWe have decided to postpone our IPO to focus on our core business, the fundamentals of which remain strong,\u201d WeWork\u2019s newly appointed co-CEOs Artie Minson and Sebastian Gunningham\u00a0<a href=\"http:\/\/click1.email.thehill.com\/drmszlgkjttfblbtfrcjjfssjgfwtgtnnmjkldwdpjjmm_qfsmggswstmgfdhhmdvv.html\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/click1.email.thehill.com\/drmszlgkjttfblbtfrcjjfssjgfwtgtnnmjkldwdpjjmm_qfsmggswstmgfdhhmdvv.html&amp;source=gmail&amp;ust=1569968854178000&amp;usg=AFQjCNHq9-M6HhGJggYRFtj6EMDZ98QTag\">said in a statement<\/a>.<\/p>\n<p>&#8220;We have every intention to operate WeWork as a public company and look forward to revisiting the public equity markets in the future,\u201d they wrote.<\/p>\n<p>The company had already delayed the scheduled IPO earlier this month following internal turmoil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The We Company, parent of workspace-sharing&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-19322","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/19322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19322"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/19322\/revisions"}],"predecessor-version":[{"id":19323,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/19322\/revisions\/19323"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}