WeWork's Bankruptcy and SoftBank's $14 Billion Loss: 5 Things to Know
TL;DR Summary
SoftBank paid $1.5 billion to WeWork lenders, including Goldman Sachs, just days before WeWork filed for bankruptcy.
- SoftBank paid $1.5bn to WeWork lenders including Goldman Sachs days before bankruptcy Financial Times
- 20% of US offices are vacant. WeWork’s bankruptcy will make the problem worse CNN
- WeWork’s ousted founder Adam Neumann fires subtle shots at his successors, saying the company ‘failed’ to make the most of its relevancy Fortune
- WeWork Is Bankrupt—And SoftBank's Losses Are $14 Billion and Counting The Wall Street Journal
- 5 Things to Know Before Markets Open Investopedia
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