My guess is that SoftBank believes it has covered the worst case scenario for its WeWork investment through its preferred stock liquidation preference and WeWor

My guess is that SoftBank believes it has covered the worst case scenario for its WeWork investment through its preferred stock liquidation preference and WeWorks real estate assets (although I believe they mostly have leases). It still seems like a big gamble, but I suppose they think they either can get the company to IPO, or they will end up owning most of the company.