Steve Sosnick, Interactive Brokers’ chief strategist, discusses the turmoil surrounding the initial public offering of the controversial shared office space company WeWork.
In the past, IPOs of internet stocks had a positive track record, but recently there hasn’t been much left on the table for investors.
Sosnick explains some lessons to be learned from this side of the market when approaching WeWork, which has been criticized for its transparency and corporate governance.
Photo Credit: Phillip Pessar via Flickr Creative Commons
