> WeWork could cut the valuation for its IPO to under $20 billion and may even postpone the offering, The Wall Street Journal reported on Sunday, citing unnamed sources. The company had been valued at $47 billion in its last fundraising round.

> According to the report, SoftBank is concerned that if WeWork goes public at a valuation much lower than its private-market valuation, it might hurt the firm's ability to raise its second Vision Fund, hence its choice to pressure the company into dropping its IPO plans.