Goldman Sachs quietly unloaded some of its WeWork shares while its investment bankers were pitching the company a $60 billion-plus IPO (GS)
Business Insider -

Goldman Sachs had sold some of its stake in WeWork even as the investment bank was pitching the coworking company for a highly lucrative IPO mandate. 

The bank unloaded shares at two earlier fundraising rounds when the WeWork mega-investor SoftBank gave employees and earlier investors a chance to sell their stake, according to a person with knowledge of Goldman's actions.

The bank assigned a "much more modest" valuation to the company than the $47 billion value set earlier this year, or the $61...

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