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“[SoftBank] put into WeWork, an astounding total of more than $18.5 billion for a company it values at $8 billion.” Wow. I think when they do end up writing th
by Reebz 7y ago
“[SoftBank] put into WeWork, an astounding total of more than $18.5 billion for a company it values at $8 billion.”
Wow. I think when they do end up writing that HBS case, this will also serve as a wonderful example of sunk cost fallacy.
- rootsudo 7y agoNot really - they just bought it on a Huuuuuuge discount compared to what, a month ago?
- xrd 7y agoIt being the value they already tied themselves to? It's technically correct, but Neumann seems to have understood they could either buy him out now and save some of that value, or not buy him out now and lose most of it.
- deleted 7y ago[deleted]