SoftBank Backs Away from Part of Planned WeWork Bailout
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Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#2A non-paywall source: http://archive.is/uRXE6.
This doesn't seem to have any effects for anyone other than investors; so, this is probably not really relevant for HN as there's hardly anything in the story for us to discuss.
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#3A non-paywall source: http://archive.is/uRXE6 . This doesn't seem to have any effects for anyone other than investors; so, this is probably not really relevant for HN as there's hardly anything in the story for us to discuss.
That notwithstanding, rather decent of you to post the non-paywalled link. Thank you.
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#4Thanks for your helpfulness, and many people other than investors will also read this as well
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#5"The development won’t affect the $5 billion lifeline SoftBank agreed to give WeWork directly—cash the startup badly needed then as it ran out of runway, and which it is likely to continue to need as the worsening coronavirus outbreak empties out its desks."
Er, yes. WeWork is dead until there is a COVID-19 vaccine. Tightly packing random people is out for now.
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#6A non-paywall source: http://archive.is/uRXE6 . This doesn't seem to have any effects for anyone other than investors; so, this is probably not really relevant for HN as there's hardly anything in the story for us to discuss.
> This doesn't seem to have any effects for anyone other than investors; so, this is probably not really relevant for HN as there's hardly anything in the story for us to discuss.
Uhh, yeah, because we always only discuss stories that are personally relevant to us...
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#7A non-paywall source: http://archive.is/uRXE6 . This doesn't seem to have any effects for anyone other than investors; so, this is probably not really relevant for HN as there's hardly anything in the story for us to discuss.
Plenty of WeWork employees are on HN (or former employees, or those that exercised stock options or through WeWork's many acquisitions), plus there are a lot of folks that use WeWork's spaces here.
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#8A non-paywall source: http://archive.is/uRXE6 . This doesn't seem to have any effects for anyone other than investors; so, this is probably not really relevant for HN as there's hardly anything in the story for us to discuss.
I consider this article "something that gratifies my intellectual curiosity."
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#9> A notice sent to WeWork shareholders Tuesday said that SoftBank believes regulatory probes into the startup’s business [...] give it an out under the deal struck last fall to purchase $3 billion of WeWork shares from existing investors.
> That will include Adam Neumann, former chief executive of WeWork parent We Co., who had the right to sell up to $970 million in stock as part of the October deal that led to his ouster from the company’s board.
Wow.
Re: SoftBank Backs Away from Part of Planned WeWork Bailout
#10I really liked the "WeCrashed" podcast [1,2], it traces the rise and fall of WeWork and is well produced.
[1] https://podcasts.apple.com/podcast/wecrashed-the-rise-and-fa...