WeWork, valued at $47B in 2019, files for Chapter 11 bankruptcy protection for its US and Canada locations, and reports liabilities ranging from $10B to $50B
The company reported liabilities ranging … Kritikopoulos Spiros : Today's diamonds may easily end up tomorrow's coal! Jerry Kallas : The company leases millions of square feet of office space in 777 l...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
WeWork's founder is back with a billion-dollar venture. — WeWork's founder is going residential
Flowcarbon, a blockchain-based carbon credit trading service backed by WeWork's Neumann, raises $32M led by a16z and $38M from selling its Goddess Nature Token
When I was 22, I spent several months working in the field in South Africa. Jamie Redman / Bitcoin News : Wework Co-Founder Adam Neumann's Crypto Project Secures $70M, Funding Round Led by A16z Luiz R...
Sources: unusually large purchases of call options by SoftBank over the past month partly fueled the latest tech stock rally
Hello and welcome to Pipeline. I hope this kicks off a great three-day weekend for you. Alex Wilhelm / TechCrunch : Stocks are selling off again, and SaaS shares are taking the biggest lumps Tara Lac...
SoftBank forecasts a $7B net loss for the year ending in March, due to coronavirus and losses related to WeWork, and expects an operating loss of $12.5B
then its share price pumped TechCrunch : SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments Sam Nussey / Reuters : SoftBank shares fall 3.5% after flagging first fi...
Oyo's founder borrowed $2B to buy Oyo shares as its valuation soared, with loans personally guaranteed by Masayoshi Son, leading to a messy ordeal amid pandemic
Bloomberg : Tweets: @markets , @pelstrom , and @carnage4life . Thanks: @pelstrom Tweets: @markets : Masayoshi Son's $2 billion guarantee to a star entrepreneur is at risk as Ritesh Agarwal's Oyo hote...
A look at SoftBank's controversial process of participating in multiple rounds to pump up a startup's valuation and how the WeWork debacle is changing that
In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. Tweets: @mvolpe , @lisaabramowicz1 , and @mdudas . ...
Companies in Vision Fund's portfolio, like Wag and Fair, are struggling; sources say Oyo founder invested $2B in his company with a loan backed by Masayoshi Son
Other companies the huge tech investment fund has backed have struggled lately — SoftBank Group Corp. 's longtime strategy … Tweets: @rolfewinkler , @aaronlucchetti , @second_measure , @maxseddon , ...
WeWork says it will withdraw its S-1 filing as it seeks to postpone its IPO
- WeWork has announced it will withdraw its S-1 filing as it seeks to postpone its highly-anticipated initial public offering. — The future of the IPO had been in question after WeWork moved to delay...