We Company reportedly mulls slashing its valuation ahead of its initial public offering

INSUBCONTINENT EXCLUSIVE:
public market investors.The company is reportedly considering a valuation of somewhere in the $20 billion range for its initial public
reportedly coming in as an anchor investor for the public offering and taking a big bite of the $3 billion to $4 billion the company was
looking to raise
Neumann also reportedly discussed using SoftBank cash to delay the public offering until 2020.A few billion here and a few billion there,
cash.Indeed, the company has a $6 billion line of credit at stake, which would be pulled if the public offering underperforms.If the company
fails to hit the $3 billion mark in its public offering, then the credit line promised from the big banks that are underwriting the public
offering goes away
comes during a shuffling of deck chairs designed to make the company look somewhat better to institutional investors and the public