SoftBank Invests In WEWORK WORTH $4.4 Billion
Softbank invests in WeWork worth $4.4 Billion.
WeWork worth $4.4 billion in the eyes of SoftBank Group and SoftBank Vision Fund. The New York-based company rents out office space to workers. SoftBank, the Japanese investment firm, has been involved with many technology companies lately. It will spend money directly from WeWork and from current shareholders interested in selling.
WeWork co-founder and CEO Adam Neumann said about the SoftBank CEO: “Masayoshi Son is a visionary business leader and we are humbled by this strong endorsement of our mission and purpose. This support from SoftBank and the Vision Fund will provide even more opportunities for creators as we set out to humanize the way people work and live.”