In January 2019, the company's valuation was stated as $47 billion, though by September when an IPO was planned and postponed, the valuation was reduced to $10–12 billion, less than the $12.8 billion it had raised since 2010.[13] Throughout the fourth quarter of 2019, WeWork's estimated market capitalization has continued to fall in part due to numerous investigations on Neumann's behavior and business practices, as well as the company's unprofitable status and lack of clear strategy to achieve profitability in the future.[2]