This story requires our BI Prime membership. To read the full article,SoftBank Investment Advisers managing partner Deep Nishar defended the firm's investment in office-sharing company WeWork, describing the core idea as "very, very good" at the DLD conference in Munich.
SoftBank is the biggest shareholder in WeWork, having stumped up around $13 billion for the company to date. SoftBank Investment Advisers manages the $100 billion Vision Fund, and the company is one of the biggest shareholders in WeWork. "You're going to get the bad news first, that's what happens. The companies that are not doing well, you're going to get [that] news sooner, and the companies that are doing really well, you'll hear about them later," Nishar said.
hold my hand
lol
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WeWork missed its target for enterprise customers by more than 25% - Business InsiderLast year, WeWork added 108,000 desks for companies with over 500 employees, a key customer base. Fourth-quarter leases also dropped steeply. Nice paywall cucks
Source: BusinessInsider - 🏆 729. / 51 Read more »
WeWork missed its target for enterprise customers by more than 25% - Business InsiderLast year, WeWork added 108,000 desks for companies with over 500 employees, a key customer base. Fourth-quarter leases also dropped steeply. Nice paywall cucks
Source: BusinessInsider - 🏆 729. / 51 Read more »
Top business news this week: Deloitte upskilling, Tesla marketing - Business InsiderOur top stories this week, including Walmart's ad strategy, the top VC firms in the cannabis industry, and Wall Street's most accurate analysts.
Source: BusinessInsider - 🏆 729. / 51 Read more »
I bought $1 million of term life insurance and I'm not even 40 - Business InsiderOnce you start compiling all the things you'll need life insurance to pay for, you may find the coverage you need is a lot more than you'd imagined. That’s called adulting.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The best retirement advice from my dad, who retired early at 55 - Business InsiderI ignored my Dad's advice about saving money and investing until I saw him retire a decade before his peers. Now, I've asked how he did it.
Source: BusinessInsider - 🏆 729. / 51 Read more »