New Softbank Investment Could Double Wework’S Valuation To Every 2D Much Every 2D $40 Billion

Comedian Robin Williams used to say “Cocaine Is God’s Way Of Telling You That You Make Too Much Money.”
I'm starting to teach that vibe from SoftBank.

From MarketWatch, June 13:

WeWork could teach second-most valuable startup, behind Uber

SoftBank Group Corp. is inwards discussions to invest around other giant slug of working capital alphabetic quality inwards WeWork Cos., amongst a bargain that would value the shared-office fellowship at $35 billion to $40 billion, according to people familiar amongst the matter.

Such an investment would roughly double WeWork’s $20 billion valuation, railroad train final August when SoftBank 9984, -0.51%   invested $4.4 billion inwards the company. It would brand the New York theater the minute most valuable privately held, venture-backed U.S. of A. of America startup behind Uber Technologies Inc.

WeWork together with SoftBank are talking almost a multibillion-dollar investment, though the people caution the discussions are inwards flux. SoftBank’s $93 billion tech-focused Vision Fund, which led final year’s deal, would likewise atomic number 82 this investment, these people said....MORE