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Softbank raised a lot of money off early WeWork hype. The management fees on that cash alone will offset any loss WeWork can ever make. And it looks like WeWork
by sub7 6y ago
Softbank raised a lot of money off early WeWork hype. The management fees on that cash alone will offset any loss WeWork can ever make. And it looks like WeWork will now turn around with spac $ and restructuring. They played the long game and did it well.