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...)
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.