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© 2021 AFPSoftBank reaches deal with WeWork
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© 2021 AFP
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garypen
This isn't the only bad investment he has made, either.
dagon
Looking at Neumann and Trump for example, the message society is sending is that white collar crime pays. WeWork had nothing to do with tech and was an old fashioned real estate swindle that paid out big.
bokuda
Looks like Softbank is planning to rent all their offices.
Softbank workers will use this shared desks a la WeWork style.
Pacificpilot
It would be an interesting thesis for MBA students to analyze Son’s decision making from a to Z on this deal. Can Son vindicate himself and spin this around?
EvilBuddha
Pouring funds into lemons.
https://edition.cnn.com/2020/02/25/tech/softbank-startup-layoffs/index.html
Jtsnose
Concept is nice, save money by organizations renting facilities on a short term basis . . . we enjoyed visiting WW, Ginza Six some years ago . . . .