SoftBank's plans for second mega-fund hit by WeWork debacle

SoftBank's plans for second mega-fund hit by WeWork debacle

5 years ago
Anonymous $MUlyiGRWxa

https://www.reuters.com/article/us-softbank-group-visionfund/softbanks-plans-for-second-mega-fund-hit-by-wework-debacle-idUSKBN1WJ0AA

SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public offering of office-rental company WeWork and sliding valuations of other major investments, according to two people familiar with the situation.