SoftBank values WeWork at $2.9 billion, down from $47 billion a year ago.

[tacobell fan]

• SoftBank founder and CEO Masayoshi Son said his investment in WeWork was “foolish.”
• The comment comes as SoftBank gave WeWork a valuation of $2.9 billion as of March 31 based on a discounted cash flow method, down from $7.3 billion as of Dec. 31. 
• WeWork’s private valuation was as high as $47 billion before its botched IPO last year.

[cellphone]

veeni face mamulu gane edisinatlu vundi endi papam

[idibezwada]

This guy is awesome

[sri_india]

Softbank 17 billion losses showing many startups are in trouble 

[Tellugodu]

1 hour ago, tacobell fan said:

• SoftBank founder and CEO Masayoshi Son said his investment in WeWork was “foolish.”
• The comment comes as SoftBank gave WeWork a valuation of $2.9 billion as of March 31 based on a discounted cash flow method, down from $7.3 billion as of Dec. 31. 
• WeWork’s private valuation was as high as $47 billion before its botched IPO last year.

Inka wework enti ra, all are moving to WFH aethe. Will be doomed. Eee SoftBank gadiki pedda bokka padali. Thokalo start lo invest chesi hype create chestadu.

[Pitta]

daani value 

[Bhumchik]

Wait until the hype decimates -

https://www.google.com/search?q=how+wework+failed

https://medium.com/@derek_develops/why-wework-failed-and-what-it-means-for-coworking-5d6bb209f5e2

[snoww]

Assalu ee we work vaadi concept endi. Co working spaces aa. Why that much high valuation if it is just co working spaces. 

[zarathustra]

I wanna be like Masayoshi Sun, how do I become him? 

[tacobell fan]

4 minutes ago, zarathustra said:

I wanna be like Masayoshi Sun, how do I become him? 

Just anuko saami aayipothav

[tacobell fan]

19 minutes ago, snoww said:

Assalu ee we work vaadi concept endi. Co working spaces aa. Why that much high valuation if it is just co working spaces. 

Just a brand real estate business but for work space. 

[tom brady]

Lol ...irony is Masa white a check of 5b$ few months back to bail out wework

[tacobell fan]

Just now, tom brady said:

Lol ...irony is Masa white a check of 5b$ few months back to bail out wework

and then the COVID-19. Luck is not steering well, Son

[tom brady]

But here is the interesting part. We reported last quarter revenue of 1B$

[Abhagyudu]

24 minutes ago, zarathustra said:

I wanna be like Masayoshi Sun, how do I become him? 

Invest in a  startup that is bound to lose 💰