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Co-working start-up the Wing saw its worth shrink in WeWork deal

The Wing, a female-focused co-working start-up, was valued at roughly $US365 million in the heady days of 2018, before WeWork's botched initial public offering cast a pall over the industry. Now, investors have pegged the Wing's valuation at substantially less – about $US200 million – according to people familiar with the matter.

In January, WeWork parent We Co sold its stake in the Wing to a group of investors that included Hollywood talent powerhouse Creative Artists Agency.

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    Original URL: https://www.afr.com/property/commercial/co-working-start-up-the-wing-saw-its-worth-shrink-in-wework-deal-20200310-p548ou