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WeWorks next finance round was supposed to be $4Bn IPO money + $6Bn loans contingent on the IPO succeeding. Another SoftBank-sized mountain of cash, which is no
by goatinaboat 7y ago
WeWorks next finance round was supposed to be $4Bn IPO money + $6Bn loans contingent on the IPO succeeding. Another SoftBank-sized mountain of cash, which is now looks unlikely they’ll get. It’s interesting that it’s the same amount. Maybe this was SoftBank’s planned exit?
- kunday 7y agoEven if someone were to invest in we work they will expect bargain price, given things considering. I think SoftBank is probably pushing things further enough until they raise money for their next vision fund.