WeWork raises $3 billion from SoftBank

(Alex Sherwood) #1

It looks like WeWork will be putting off going public for a little while longer..

(Harry) #2

Interesting timing - they seem to still have billions in cash in their balance sheet I don’t see why they needbyet another raise/infusion now.

Also interesting this is a direct investment, not from the vision fund - I’m not an expert on corporate structure but I think lots can be read into that - looks like they’re position share ownership for a potential IPO and to maximise return.