Bernstein Analyst Says Masa May Have "Last Laugh" With SoftBank"s WeWork Investment

AP After WeWork's troubling year, Softbank might come out on top in the end now that's it has control of the office .....»»

SoftBank recently announced it will take control of WeWork in a move expected to value the company at about $8 billion, according to the Wall Street Journal. But WeWork wasn't SoftBank's Masa Son's first risky investment. Uber.....»»

In the lawsuit.....»»

Softbank is taking a $6.6 billion hit on its WeWork investment.  The company's value has sunk drastically in recent months following its failed IPO bi.....»»

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) for the year ended March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets......»»

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets......»»

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen......»»

Reuters SoftBank is selling key assets to buy back stock in an effort to cushion its stock, which has plummeted over 50% since mid-February because of fears over the coronavirus outbreak, the co.....»»

In an email on Sunday, the special committee to the WeWork board said that it's attempting to ensure that SoftBank complete its tender offer as promised......»»

YouTube/Star Wars Clips Adam Neumann reportedly compared WeWork to Amazon to make its astronomical valuation look cheap by comparison. WeWork's cofounder and then-CEO like.....»»

Getty SoftBank CEO Masayoshi Son reportedly told WeWork's cofounder and former boss Adam Neumann that he reminded him of Alibaba's founder, the driving force behind Son's most successful investment ever. "The last.....»»

Koki Nagahama/Getty Images SoftBank slashed its pre-bailout valuation of WeWork by 83% in three months to $4.9 billion, according to an investor presentation dated for release on Friday. SoftBank Investment Advisors, which manages the Japanese.....»»

Koki Nagahama/Getty Images SoftBank slashed its pre-bailout valuation of WeWork by 83% in three months to $4.9 billion, according to an investor presentation dated for release on Friday. SoftBank Investment Advisors, which manages the Japanese.....»»

Soft.....»»

SoftBank Group Corp (TYO: 9984) Chairman Masayosh.....»»

When SoftBank started throwing good money after bad to rescue WeWork, Vitaliy Katsenelson’s investment firm sold its shares......»»

SoftBank plunged to its first quarterly loss in 14 years on Wednesday, dragged down by an $8.9 billion hit at its giant Vision Fund, as CEO Masayoshi Son admitted poor investment judgment and turning a blind eye to problems at startup WeWork......»»

Kim Kyung-Hoon/Reuters SoftBank lost at least $4.7 billion by investing in WeWork after the shared-workspace group's IPO collapsed and its valuation plunged from $47 billion in January to below $10 billion. "My own investment judgment was r.....»»

After WeWork Disaster, SoftBank's Masa Son Says "Bad Judgement" Led To Firs.....»»

SoftBank said the loss represented the difference between what it considered the fair value of its wholly owned subsidiary’s stake in WeWork as of the end of September and the price at which SoftBank had purchased that stake......»»