Report: SoftBank is taking control of WeWork at an ~$8B valuation
U.S. · WORLD · BUSINESS
October 21, 20192 min read421 words
Published: October 21, 2019  |  2 min read421 words
WeWork, once valued at $47 billion, will be worth as little as $7.5 billion on paper as SoftBank takes control of the struggling co-working business, CNBC .SoftBank, a long-time WeWork investor, plans to invest between $4 billion and $5 billion in exchange for new and existing sh...
Report: SoftBank is taking control of WeWork at an ~$8B valuation Read more

Scores for this article.

Percentage of critic and public trust in this article.
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critic reviews: 1
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public reviews: 3
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79%
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14 reviews
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82%
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79 reviews
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7 reviews

CRITIC REVIEWS

Balanced
October 22, 2019
A balanced look at a mildly interesting event in the world of business, or at least in the case of the referenced company, according to some, non-business. If you have a few minutes to spare and have been following this story, your interest may be piqued. Prospective readers not in that specific category will find nothing particularly edifying here.
October 22, 2019
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PUBLIC REVIEWS

Balanced
October 22, 2019
You get an update of the latest ongoing saga for Softbank. WeWork has been struggling some as of late, and Softbank will now gain greater leverage in the business in exchange for a cash infusion to WeWork.
October 22, 2019
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Great Context
October 22, 2019
Very interesting, it helps to understand in a short time and with a very engaging reading how the relationship between WeWork and Softbank took place. Absolutely recommended.
October 22, 2019
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Investigative
October 21, 2019
This is a fair update to the SoftBank and WeWork story unfolding before the world's eyes. If you're into startups and investing, this story will be a great case study to follow over the coming years. TechCrunch author Kate Clark strikes the right tone of fascination in the story, but without over sensationalizing any part of it.
October 21, 2019
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