WeWork secures $1B SoftBank investment, FT reports
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Bernstein Analyst Says Masa May Have "Last Laugh" With SoftBank"s WeWork Investment
Bernstein Analyst Says Masa May Have "Last Laugh" With SoftBank's WeWork Investment Seemingly unaware that everybody in the world is already laughing.....»»
When Ma met Son: tech titans talk guts and glory
Alibaba founder Jack Ma sat down with Softbank chief Masayoshi Son in Tokyo on Friday. Just weeks after he had to bail out WeWork, Son says he's still going with his gut on big decisions. Julian Satterthwaite reports......»»
SoftBank in talks for financing to fund WeWork turnaround, Nikkei reports
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SoftBank CEO says he wants WeWork to turn profit by 2021, Fast Company reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
"The last person I felt this with was Jack Ma" — SoftBank"s Masayoshi Son reportedly compared WeWork"s Adam Neumann to Alibaba"s founder
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.....»»
Sprint, T-Mobile Shares Slump On Reports CEO Legere In Talks To Run WeWork
Sprint, T-Mobile Shares Slump On Reports CEO Legere In Talks To Run WeWork After pushing out co-founder and (now former) CEO Adam Neumann, it looks like SoftBank is ge.....»»
SoftBank lays out "optimistic" plans about turning WeWork profitable, BI reports
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WeWork"s value plummeted more than 80% to below $5 billion last quarter, SoftBank says
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.....»»
SoftBank"s latest valuation of WeWork is lower than previously thought — at under $5 billion
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.....»»
"I Regret It In Many Ways:" SoftBank Chairman on WeWork Investment
SoftBank Group Corp (TYO: 9984) Chairman Masayosh.....»»
Vitaliy Katsenelson"s Contrarian Edge: I thought I’d own SoftBank stock for decades, but the WeWork debacle changed my mind
When SoftBank started throwing good money after bad to rescue WeWork, Vitaliy Katsenelson’s investment firm sold its shares......»»
SoftBank"s Son admits mistakes after Vision Fund"s $8.9 billion loss
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......»»
SoftBank"s Son humbled by WeWork debacle
SoftBank plunged to its first quarterly loss in 14 years Wednesday after valuations tumbled for some of its top tech bets, not least WeWork. Julian Satterthwaite reports......»»
"I shut my eyes," SoftBank CEO Masayoshi Son says after losing more than $4.7 billion on 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.....»»
Dow Jones Newswires: SoftBank books $4.7 billion loss due to WeWork investment
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......»»
SoftBank reported an eye-watering $6.5 billion loss in the wake of WeWork"s catastrophic failed IPO
Thomson Reuters SoftBank Group recorded an eye-watering quarterly loss of $6.5 billion early Wednesday, spurred by some of it biggest tech invstments like Uber and WeWork. The Japanese investment giant last month spent over $10 billion bailing&nbs.....»»
SoftBank: WeWork"s Japan unit can be profitable in near future, Reuters reports
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Vitaliy Katsenelson"s Contrarian Edge: Here’s what my firm did with its SoftBank stock after the WeWork debacle
When SoftBank started throwing good money after bad to rescue WeWork, Vitaliy Katsenelson’s investment firm sold its shares......»»
Investors, others concerned about SoftBank"s WeWork bailout, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»