According to Sanjay Mehta, founder and Partner at 100X.VC, WeWork IPO devaluation and subsequently postponing it is a bad indicator for start-ups which have filed for IPO.
“Startups are remaining private much longer as they are able to raise funds at later stage and keep building growth. IPO is a logical exit for late-stage investors,” he added.
Read more here.
- 100X.VC Team
Published on: October 14, 2019