WeWork Shares Crash as Company Prepares to File for Bankruptcy
Shares of Leading coworking space provider WeWork came crashing down on 1 November after the company in its filing announced that it was filing for...
Tag : WeWork
WeWork Warns of Bankruptcy, Share Value Sinks to 13 Cents
WeWork, a shared workspace provider, has warned its investors in a recent Securities and Exchange Commission (SEC) filing that it could go bankrupt. However, WeWork’s...
SVB’s Collapse Puts Softbank’s Startup Funding Under Investors’ Spotlight
As the world weighs the fallout from the Silicon Valley bank’s collapse, investors are casting wary eyes on SoftBank Group Corp, the startup’s biggest backer...
WeWork Co-Founder’s Real Estate Launches ‘Flow’
The Co-working place, WeWork co-founder and former CEO Adam Neumann has received around $350 million in funding from top investment fund Andreessen Horowitz (a16z) for...
SoftBank’s $17.7 Billion Profit Sets New Record in Japan
Net income was 1.93 trillion yen ($17.7 billion) for the three months ended March 31, the most for a listed Japanese company dating back to...
SoftBank’s Vision Fund Plans to Unveil Blank Check Company
SoftBank Group Corp.’s Vision Fund will outline plans for a blank-check company in the next two weeks, seeking to capitalize on the investor frenzy surrounding...