Exclusive: WeWork considers dramatic valuation discount ahead of IPO

(Reuters) - WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion (8.04 billion pounds) and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday.If the We Company were to press on with the IPO at such a low valuation, it would represent a major turning point in the venture capital industry's growth over the last decade that has led to the rise of startups such..