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Wait, what? Softbank was going to put $20 billion into WeWork at a valuation of $50 billion but now they're putting in $2 billion... at a value of $47 billion?
by goodmachine 8y ago
Wait, what? Softbank was going to put $20 billion into WeWork at a valuation of $50 billion but now they're putting in $2 billion... at a value of $47 billion?
Something screwy or entirely misreported here.
- muhneesh 8y agoI recall that the Saudis didn't want to put all their Vision Fund eggs into the WeWork basket, and Son revised the deal based on the pressure.