WeWork picks up ANOTHER $3B from SoftBank
https://techcrunch.com/2018/11/13/wework-picks-up-another-3b-from-softbank/
WeWork has picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBank Vision Fund. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher, ultimately valuing WeWork at $42 billion minimum.
In August, SoftBank Corp invested $1 billion in WeWork in the form of a convertible note.
WeWork picks up ANOTHER $3B from SoftBank
Nov 13, 2018, 6:06pm UTC
https://techcrunch.com/2018/11/13/wework-picks-up-another-3b-from-softbank/
> WeWork has picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBank Vision Fund. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher, ultimately valuing WeWork at $42 billion minimum.
> In August, SoftBank Corp invested $1 billion in WeWork in the form of a convertible note.