Stealth • 7m
Is this true that SoftBank aquired WeWork for ₹32 Billion? As I can't find any such information about that online!
Yes it is true, I've written a post on it on LinkedIn https://www.linkedin.com/feed/update/urn:li:activity:7097782721187328000?utm_source=share&utm_medium=member_android
So in 2019, Softbank aquired 80% stake for $32 billion and now after the ipo, its valuation is down to 100 million. Am i correct?
Right!
So softbank on paper lost 99% of its money
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