WeWork was long considered one of the most anticipated IPOs of 2019. For SoftBank, WeWork’s biggest outside investor, the listing would be the moment it made a return on the nearly $11bn it poured into the shared-office provider. Now, as WeWork struggles to take the company public, the spotlight is on SoftBank’s Masa Son and his billion-dollar bets.
Further FT reading:
SoftBank investors brace for Vision Fund writedowns
WeWork postpones IPO after chilly response from investors
WeWork: the ‘hypothetical’ company at the heart of the property market
SoftBank: inside the ‘Wild West’ $100bn fund shaking up the tech world
Some of Aimee’s favourite FT reads:
Warren Buffett: ‘I’m having more fun than any 88-year-old int he world’
The trillion-dollar taboo: why it’s time to stop ignoring mental health at work
Finding my Armenia, a century after the genocide
How Purdue’s ‘one-two’ punch fuelled the market for opioids
Angola 3 inmate: from solitary cell to centre of the community
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