National

Pro Rata

Axios Pro Rata

WeWork co-founder and CEO Adam Nuemann tells Forbes about his company's valuation after a recent $4.4 billion investment from SoftBank:

"No one is investing in a co-working company worth $20 billion. That doesn't exist. Our valuation and size today are much more based on our energy and spirituality than it is on a multiple of revenue."

WeWork CEO: Valuation based on "energy and spirituality"

Technology

Business

<p>WeWork co-founder and CEO Adam Nuemann <a class="gtmContentClick" data-vars-link-text="tells Forbes" data-vars-click-url="https://www.forbes.com/sites/stevenbertoni/2017/10/02/the-way-we-work/" data-vars-content-id="280574cb-38c1-4d61-a49b-a74bc5ba4cb9" data-vars-headline="WeWork CEO: Valuation based on &quot;energy and spirituality&quot;" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.forbes.com/sites/stevenbertoni/2017/10/02/the-way-we-work/" target="_blank">tells Forbes</a> about his company&#x27;s valuation after a recent $4.4 billion investment from SoftBank:</p><blockquote>&quot;No one is investing in a co-working company worth $20 billion. That doesn&#x27;t exist. Our valuation and size today are much more based on our energy and spirituality than it is on a multiple of revenue.&quot;</blockquote><span data-ad-status="NO_AD_LENGTH" data-ad-type="midStoryAd"></span>

WeWork CEO: Valuation based on "energy and spirituality"

Go deeper