SoftBank Doubles Down on Its WeWork Loss

Legendary investment firm SoftBank, which was once but a Japanese telecom provider, plans to plow another $750 million into the WeWork IPO, according to a report in The Wall Street Journal. This would be in addition to the $2 billion it invested earlier. This looks like a classic case of SoftBank averaging down from its […]

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SoftBank Doubles Down on Its WeWork Loss written by Lawrence Meyers @ https://www.ccn.com/softbank-doubles-down-on-its-wework-loss/ September 14, 2019 Lawrence Meyers

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