The We Company, better known as WeWork, is preparing for an initial public offering.<br />They are backed by SoftBank.<br />The managed office company was last valued at $47 billion.<br />The company is losing billions.<br />Last year, both its revenue and losses doubled.<br />The company's CEO and cofounder is Adam Neumann.<br />He's known for his unusual pitches, accounting methods, and potential conflicts of interest.<br />He has also spent large amounts of WeWork's money on far-flung investments. <br />
