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Re:WeWork chases new financing as cash crunch looms by dehrmann on Friday October 11, 2019 @02:34PM (#21227088)
> how is it possible that one moment the company is ready for an IPO...and then next month be desperate for cash?

An IPO is fundamentally a fundraising event, so it makes some sense.

The harder question would be why is some successful, well-funded company looking do dilute shareholders for even more funding.

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