Softbank is urging one of its most valuable portfolio companies, We-Works, to shelve its IPO plans. IPO underwriters of We-Works have slashed the valuation of the company to $15-20 billion, significantly over than the $47 billion valuation it received in January 2019 during the last round of venture funding. Softbank that has infused $10 billion into the company, could end up losing 42-56.5% in terms of value. Public perception after lackluster IPO debut of several tech-Unicorns, financial numbe

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