3 ms·
Which investor actually made money from WeWork? If anything it's an example proving the opposite. The founder may have made some money but the investors were le
by mardifoufs 5y ago
Which investor actually made money from WeWork? If anything it's an example proving the opposite. The founder may have made some money but the investors were left holding the bags. The whole scandal was centered around the size of the investment loss that the main investor, Softbank, had to eat...
- lizdax 5y agoBenchmark did. Invested in the early rounds (starting with Series A of $15m, mentioned in "WeWork, Adam Neumann, and the great Startup Delusion"), mid rounds and the final stake when they were supposed to IPO was $626m -- 40x their initial investment, according to FT[0]. 0. https://www.ft.com/content/d32c8526-f555-11e9-b018-3ef8794b17c6 https://www.ft.com/content/d32c8526-f555-11e9-b018-3ef8794b1...