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WeWork’s valuation is under fire. Here’s everything we know about its IPO plans, finances and concerns around CEO Adam Neumann.

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WeWork parent The We Company has been laying the groundwork for an IPO. The SoftBank-backed coworking firm was valued at $47 billion in its last fundraising round. But now it’s mulling a massive valuation cut, according to media reports.  WeWork CEO and cofounder Adam Neumann has been in the spotlight for his unusual pitches, accounting,...
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A deep-value investing expert explains why he thinks Netflix’s stock could get cut in half

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Tobias Carlisle, founder and portfolio manager of The Acquirers Fund — a long/short deep-value exchange-traded fund — thinks Netflix’s stock could get cut in half. He builds his thesis around lofty-valuations, increasing content costs, and a plethora of emerging competitors. Click here for more BI Prime stories. There’s no denying that FAANG stocks — consisting...
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The CEO of Ace Hardware explains how his company, which boasts more stores than Home Depot and Lowe’s combined, is going all in on the ‘do-it-for-me’ market

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Ace Hardware announced its acquisition of Handyman Matters, a home repair services franchise, on Friday.  CEO John Venhuizen told Business Insider that his hardware cooperative is looking to tap into the “do it for me” market. Venhuizen said that Ace Hardware customers have been “basically begging” the company to delve into the home improvement services...
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The CEO of cannabis-tech startup Headset told us why having a concise mission statement is crucial to successfully pitching investors

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The CEO of Headset, a data analytics provider for the cannabis industry, revealed his key advice for making a successful pitch to potential investors.  Cy Scott walked through his pitch deck during a webinar moderated by Business Insider. Scott emphasized the importance of having a clear and concise mission statement, which “aligns everyone to the...
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Trader Joe’s employees reveal how much they really make

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Trader Joe’s currently boasts around 488 stores across the United States, according to the grocery chain’s website. But how much do the employees — called “crew members” — earn working at those stores? “In general, we offer above minimum wage,” a Trader Joe’s spokesperson told Business Insider in a statement. The spokesperson added that wages...
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Poop-testing startup uBiome just filed for bankruptcy. Some of its largest creditors are health insurers saying they’re owed millions in refunds.

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Poop-testing startup uBiome just filed for bankruptcy and put its assets up for sale. The company was raided by the FBI earlier this year, reportedly over its billing practices, and its troubles continued to mount. Many of the biggest claims against uBiome are from health insurers requesting refunds, according to the bankruptcy filing. Three of...
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