WeWork was a high-profile failure for Softbank’s Vision Fund, but other investments have struggled too
SoftBank Group Corp.’s longtime strategy of pouring mountains of cash on promising young companies to create big winners failed dramatically at WeWork, and is showing cracks at a number of its other investments.
SoftBank’s nearly $100 billion Vision Fund gave companies like dog-walking app Wag and indoor farm Plenty more cash than they wanted, but the investments failed to ignite growth. After a sizable bet on online car-lessor Fair, that company is struggling to stay afloat. Wag is for sale, people with knowledge of the...
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former WeWork Staffer Files Complaint Against Ousted CEO Adam Neumann For Pregnancy Discrimination
Read more »
Adam Neumann’s Time at WeWork Is Over, But His Troubles Aren’tThe true extent of former WeWork CEO Adam Neumann's abusive workplace behavior is still becoming clear
Read more »
Adam Neumann’s Time at WeWork Is Over, But His Troubles Aren’tThe true extent of former WeWork CEO Adam Neumann's abusive workplace behavior is still becoming clear
Read more »
Former WeWork Staffer Files Complaint Against Ousted CEO Adam Neumann For Pregnancy Discrimination
Read more »
These are the best tech-themed and internet-inspired Halloween costumes in 2019, from Elizabeth Holmes to AirPodsHere are some of the best tech- and internet-themed costumes from this year's Halloween, from WeWork cofounder Adam Neumann to VSCO girls.
Read more »
Tiffany's 'Vision & Virtuosity' Exhibition Offers a Glittering Escape From RealityTiffany's Vision & Virtuosity Exhibition Offers a Glittering Escape From Reality
Read more »