WeWork Gets a Visit from Financial Reality

Re:WeWork Gets a Visit from Financial Reality by CodeSheikh on Tuesday January 08, 2019 @10:55AM (#18856410)

"The Gulf investors backing the Vision Fund seem to have decided that WeWork is not a tech bet but simply an aggressive punt on real estate."

If you have earlier invested in WeWork as a tech startup then one should be questioning your investment strategies and research methods.

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Re:WeWork Gets a Visit from Financial Reality by freewilly1040 on Tuesday January 08, 2019 @11:09AM (#18856557)

Probably not a bad idea for SoftBank... even this headline is funny, Sotbank has decided against a _ludicrously large_ investment in favor of a _still very large_ one

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Re:WeWork Gets a Visit from Financial Reality by whatok on Tuesday January 08, 2019 @11:20AM (#18856678)

SoftBank did not decide against it. SoftBank's Vision Fund investors decided against it so SoftBank itself invested instead of the Vision Fund.

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Re:WeWork Gets a Visit from Financial Reality by rchaud on Tuesday January 08, 2019 @11:46AM (#18856943)

Considering how much these mega-funds put in, I would wager that 'Investment strategies and research methods' are about selling the vision of WeWork more than anything else. They need the valuation to stay up if they want to divest at a profit.

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