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SoftBank’s Masayoshi Son predicts 15 of the companies in its $100 billion Vision Fund will go bankrupt
SoftBank has become much stricter with the companies in its $100 billion Vision Fund after its stake in WeWork seems unlikely to pay off.
SoftBank’s CEO now says its $9 billion bet on WeWork and Adam Neumann was a mistake — but he still thinks WeWork will end up making money
"It's not science, it's art. You get excited with an entrepreneur who seems great but does not necessarily deliver a great return."
WeWork cofounder Adam Neumann just lost his billionaire status. Here’s how the ousted CEO has spent his fortune, which once amounted to as much ...
Neumann was once worth as much as $14 billion, but his fortune has dwindled after WeWork's failed IPO and his resignation from the company.
Ousted WeWork CEO Adam Neumann is no longer a billionaire after SoftBank scrapped a deal to buy WeWork stock
The cofounder and former executive is worth an estimated $450 million after SoftBank abandoned its deal to buy $3 billion worth of WeWork stock.
Here's everything you need to know about Adam Neumann, the ousted WeWork cofounder who was once worth $4 billion at the company's peak.
The tide has turned against WeWork after it misjudged appetite for an IPO — now its trouble is deepening. Here’s everything that’s g...
WeWork was once considered a crown jewel, but investors have frowned on its massive losses, high costs, and questionable executive transactions.
SoftBank confirms abandoning its plan to buy $3 billion worth of WeWork shares, citing ‘significant’ criminal and civil investigations
SoftBank cited investigations into WeWork's financing and it's dealings with Adam Neumann.
Stock buybacks and cutting losses: SoftBank, the Japanese investment giant behind WeWork, is under immense pressure to shield itself from an upcoming ...
The company has come under pressure from investors like Elliot Management to buy back shares and reassure the public market while its stock plunges.
SoftBank is reportedly looking to raise $10 billion to support startups reeling from the coronavirus outbreak — and some might not have enough c...
Uber, one of SoftBank's largest investments, has already seen its shares drop by more than 50 percent in the past month amid the coronavirus pandemic.
WeWork execs are trying to reassure staff it still has access to billions of dollars in debt: Bloomberg
Major WeWork executives told shareholders Wednesday that the company also has the support of SoftBank.