WeWork rebrands to We Company, reveals details of SoftBank deal

Re:WeWork rebrands to We Company, reveals details of SoftBan... by goodmachine on Tuesday January 08, 2019 @10:12AM (#18855980)

Wait, what? Softbank was going to put $20 billion into WeWork at a valuation of $50 billion but now they're putting in $2 billion... at a value of $47 billion?

Something screwy or entirely misreported here.

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Re:WeWork rebrands to We Company, reveals details of SoftBan... by muhneesh on Tuesday January 08, 2019 @02:01PM (#18858410)

I recall that the Saudis didn't want to put all their Vision Fund eggs into the WeWork basket, and Son revised the deal based on the pressure.

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