WeWork could turn out to be Vision Fund’s biggest lemon
Softbank might throw in another $1bn to protect its stake
27 September 2019 - 05:05
WeWork has lost its CEO, its initial public offering (IPO) is delayed indefinitely, prospectus details finally reveal huge losses, it is burning cash like kerosene, and it needs to raise funds imminently.
So, of course backer SoftBank. would throw in more money...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now