WeWork pulls IPO

https://www.cnbc.com/2019/09/30/wework-says-it-will-file-req…

This was easy to see coming, but officially WeWork management announcing it has filed to pull its IPO.

A good sign to me as most likely the window of greed and the rush to push through all these IPOs at ridiculous prices has ended the flooding of the hyper growth sector, bringing back some sanity and a probable floor, or at least a slowdown to all this selling, allowing the great companies to be recognized over time and reward those who are invested in them.

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