Aug
24

SoftBank and Fund to Invest $4.4 Billion in WeWork

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SoftBank said on Thursday that it and its $93 billion Vision Fund would invest $4.4 billion into WeWork, the fast-growing start-up that provides shared work spaces.

The enormous investment is the latest one made by SoftBank, which has been making outsize bets on a dizzying array of start-ups.

Such has been the ambition of SoftBank’s founder, Masayoshi Son, that the Japanese conglomerate has been able to raise tens of billions of dollars from the likes of Saudi Arabia and Apple for its Vision Fund…

SoftBank and Fund to Invest $4.4 Billion in WeWork

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Categories : Hedge Funds

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