WeWork to Go Public Via SPAC Merger in $9B Deal
The office-sharing startup is capitalizing on the SPAC boom following investor rejection of the IPO due to its losses.
SoftBank Shuns Call for Board Oversight of Vision Fund
Elliot Management wants the group to create a subcommittee to supervise the fund’s investment process.
SoftBank-Backed Satellite Startup Files for Bankruptcy
OneWeb said it couldn’t obtain new funding from investors due to the financial impact of the COVID-19 pandemic.
WeWork Investors Will Take ‘Necessary Actions’ If SoftBank Bails on Bailout
SoftBank agreed to the bailout deal in October.
SoftBank-Backed Online Store Brandless Shutting Down
Brandless fails at a direct-to-consumer model after three years of operations and $240 million in funding.
SoftBank Posts Record Loss on Startup Bets
“My own investment judgment was really bad. I regret it in many ways," CEO Masayoshi Son admits.
Why an Investor Soured on Softbank
Vitaliy Katsenelson revered Softbank's founder and thought he'd own the company's stock for decades. Why he changed his mind is instructive for CFOs.
WeWork Founder Gets $1.7B Payout to Leave Company
Adam Neumann will sell shares in the struggling office sharing startup and receive a line of credit and a consulting fee as part of a bailout deal.
The Key to Regional Investment: Understanding Complexity
With its big investment in Latin America, Softbank will have to manage significant complexity that varies greatly from market to market within the region.
Softbank’s Investment in WeWork: No Problem
The Japanese conglomerate's investment in a company whose CEO's business dealings are under fire won't derail its continuing success: Opinion.