Haslett: WeWork Needs to Iron Out the Kinks

The transcript discusses WeWork's valuation, comparing it to competitors and considering market conditions. It explores bankers' strategies for IPOs, emphasizing the need for profitability and stable growth. The role of SoftBank's investment strategy is examined, highlighting its challenges and long-term vision. The impact of market volatility on IPOs is analyzed, noting the inverse relationship between volatility and IPO activity. Finally, the potential for future IPOs and direct listings is considered, with a focus on companies like Airbnb and the challenges faced by others like Postmates.

What is the expected conservative pricing range for WeWork's IPO?

• $30 billion

• $40 billion

• $20 billion

• $10 billion

Which company is mentioned as having a strong sales growth and profitability?

• Peloton

• Lyft

• DataDog

• Uber

What is a significant challenge for SoftBank's Vision Fund according to the discussion?

• Investing in early-stage companies

• Competing with other venture capital firms

• Raising initial capital

• Building a portfolio of late-stage companies

How does market volatility affect IPOs?

• It has no effect on IPOs

• It stabilizes IPO pricing

• It increases the number of IPOs

• It decreases the number of IPOs

Which company is highlighted as a potential candidate for a direct listing?

• Slack

• Postmates

• Spotify

• Airbnb

What is a key factor that companies need to demonstrate to succeed in a volatile IPO market?

• High marketing expenses

• Stable unit economics and profitability

• Rapid expansion plans

• Strong social media presence

Which company is mentioned as having a competitive advantage due to less funding compared to its competitors?

• Postmates

• Uber

• Lyft

• Airbnb