WeWork’s parent company just filed for an IPO this week, and it could go public as early as Septmeber.
The company joined the flurry of tech IPOs in 2019, but also revealed a massive $900 million loss in the first half of 2019, causing investors to worry about the downside risks.
What if the economy goes bad? Are they trying to grow too fast? And overall, is this a good bet?
CNBC’s Jon Fortt breaks it all down with Casey Newton of The Verge.
Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt. Previous episodes of the program can be found here.
This article was originally published by Cnbc.com. Read the original article here.