Tag Archives: Masayoshi Son

SoftBank-backed construction startup shutters US operations

By Marian McPherson | June 2, 2021 - 4:13 pm |June 2, 2021 Uncategorized

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Following a final $200 million investment from SoftBank, Katerra is closing after years of financial mismanagement and rising construction costs. Continue reading →

After failing to go public in 2019, WeWork set to try again via SPAC

By Patrick Kearns | March 26, 2021 - 2:38 pm |March 26, 2021 Uncategorized

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The SPAC merger will reportedly value the combined company at $9 billion, far below the $47 billion it was valued at two years ago. Continue reading →

WeWork struggles to strike deal with landlords to reduce rent costs

By Marian McPherson | April 2, 2020 - 4:45 pm |April 2, 2020 Uncategorized

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As the COVID-19 pandemic causes cancellations to spike, WeWork CEO Sandeep Mathrani is pitching a revenue-sharing deal to the company’s largest landlords. Continue reading →

SoftBank may pull out of pledge to buy $3B in shares of WeWork

By Veronika Bondarenko | March 18, 2020 - 6:23 pm |March 18, 2020 Uncategorized

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The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading →

SoftBank Vision Fund lost $2.1B in Q3 as profits continue to plummet

By Patrick Kearns | February 12, 2020 - 9:35 pm |February 12, 2020 Uncategorized

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The Japanese conglomerate and backer of Compass and Opendoor, is scaling back plans for its second Vision Fund. Continue reading →

WeWork drama could be coming to the big screen: Report

By Veronika Bondarenko | December 3, 2019 - 8:26 pm |December 3, 2019 Uncategorized

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The film will focus on the relationship between WeWork founder Adam Neumann and Softbank CEO Masayoshi Son. Continue reading →

WeWork drama could be coming to the big screen: Report

By Veronika Bondarenko | December 3, 2019 - 8:26 pm |December 3, 2019 Uncategorized

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The film will focus on the relationship between WeWork founder Adam Neumann and Softbank CEO Masayoshi Son. Continue reading →

SoftBank CEO shifts priorities after WeWork debacle

By Marian McPherson | November 26, 2019 - 9:10 pm |November 26, 2019 Uncategorized

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Masayoshi Son says he’s now focusing on ‘profitability and cash flow’ when evaluating his investments. Where does that leave Compass and Opendoor? Continue reading →

WeWork losses continue to explode in Q3, new report reveals

By Patrick Kearns | November 15, 2019 - 7:14 pm |November 15, 2019 Uncategorized

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WeWork reportedly posted a loss of $1.25 billion in the third quarter, according to the Wall Street Journal. Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

By Inman | November 8, 2019 - 9:00 am |November 8, 2019 Uncategorized

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading →