SoftBank’s decision this week to double down on its investment in WeWork is a risky strategy. The move raises an obvious question — why didn’t SoftBank just walk away, letting WeWork go bust or putting the onus on JPMorgan, which was putting together a rival rescue plan, to bail it out? SoftBank in a statement […]
Here’s why SoftBank didn’t let WeWork go bankrupt or take another deal Read More »
Adam Neumann, the flamboyant co-founder and ex-chief executive of WeWork, could be stripped of his outsize voting power and chairmanship of the money-losing property company under a $9.5-billion rescue proposal from its largest investor, SoftBank, set to be considered by the board on Tuesday. Neumann would be left with less than 10% of the shares
WeWork board weighs $9.5-billion takeover bid from SoftBank Read More »
The board of WeWork, the cash-starved purveyor of shared office space, could choose between two competing financial rescue packages as early as Tuesday, according to people with knowledge of the matter. One is being offered by SoftBank, and another from a financial consortium led by JPMorgan Chase. SoftBank, a Japanese technology giant that is already
WeWork Considers Rescue Plans From SoftBank and JPMorgan Read More »
Yesterday, we had a chance to talk with longtime venture investor Brad Feld of Foundry Group, whose book “Venture Deals” was recently republished for the fourth time, and for good reason. It’s a storehouse of knowledge, from how venture funds really work to term sheet terms, from negotiation tactics to how to choose (and pay
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo SAO PAULO (Reuters) – Japan’s SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country
Global Wireless Communication Technologies Market Size, Status and Forecast 2025 is a valuable source of insightful data that will help business strategists. The report covers industry chain analysis, latest market trends & dynamics, and major key players. Additionally, it focuses on these leaders’ size, prices, expansion rate, prices, competition, and value chain analysis. The industry overview
“Autonomous driving is coming no matter what,” says Says SoftBank CEO Masayoshi Son. “That’s the destiny of where technology is going to drive us.” He adds: “When autonomous driving comes the cost of providing the service will dramatically get more efficient. It will also dramatically reduce the rate of accidents compared to human driving accidents.
Autonomous Driving is Coming No Matter What, Says SoftBank CEO Read More »
