Comment Comment by mdorazio Better article in [1]. From the unconfirmed report:- SoftBank to invest $4-5 billion- Pre-money valuation at $7.5-8 billion- SoftBank will end the deal with ~70% control of WeWork- SoftBank's Marcelo Claure to take over as chairman of We- No confirmed word on additional job cuts, asset sales, or clawbacks from Neumann[1] https://www.cnbc.com/2019/10/21/softbank-to-take-control-of-... parent mdorazio 7 years ago
- SoftBank to invest $4-5 billion
- Pre-money valuation at $7.5-8 billion
- SoftBank will end the deal with ~70% control of WeWork
- SoftBank's Marcelo Claure to take over as chairman of We
- No confirmed word on additional job cuts, asset sales, or clawbacks from Neumann
[1] https://www.cnbc.com/2019/10/21/softbank-to-take-control-of-...