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A comment on After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny. Parent comment

Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny by mathattack on Thursday November 28, 2019 @02:59PM (#21659821)
The Saudi government was the major investor. He pays them back with positive PR.

It becomes tricky when he mixes Vision Fund business with SoftBank business.

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Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny by tenpies on Thursday November 28, 2019 @03:58PM (#21660141)
And if you're the Saudi government, your biggest concern is probably not Softbank, the Vision Fund, or WeWork - it's the Aramco IPO.

The valuation range for that was comical with it being anywhere from slightly under $1 Trillion USD to $2 Trillion USD depending on who you ask. I mean you can use WeWorks as a scale for that sort of spread.

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Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny by mathattack on Thursday November 28, 2019 @04:12PM (#21660217)
Yes. And that’s an entirely new shell game. (Similar though - small float of shares yields a huge valuation which can be borrowed against...)
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