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This might be the week that the tech valuation bubble finally popped. WeWork, valued at $47 billion, pulled its IPO, partly over corporate governance concerns, but also because it just isn’t making money. So why did people think these venture-backed companies were worth so much? We dig into this with Alex Wilhelm, editor in chief at Crunchbase News. (10/4/2019)
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This might be the week that the tech valuation bubble finally popped. WeWork, valued at $47 billion, pulled its IPO, partly over corporate governance concerns, but also because it just isn’t making money. So why did people think these venture-backed companies were worth so much? We dig into this with Alex Wilhelm, editor in chief at Crunchbase News. (10/4/2019)
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