WeWork seems to be on a path to enlightenment, when what it needs is one toward profit. rob_cyran
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SoftBank plans to give WeWork another $2 billionA major WeWork investor plans to inject $2 billion more funding into the coworking company.
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WeWork offers glimpse of conflicts to comeThe shared-office upstart and potential IPO candidate rents buildings part-owned by its co-founder and CEO. Private-company trends arguably encourage such blurred lines, but public investors tend to distrust them. It’s another reason to doubt WeWork’s high-rise valuation.
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Snap and WeWork have done an outstanding job showing the problems with making CEOs all-powerfulSnap and WeWork's CEOs control their companies through super-voting shares. The shortcomings of that structure are becoming increasingly apparent.
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SoftBank Scraps $16 Billion Plan to Buy Most of WeWorkSoftBank Group has halted a planned $16 billion investment in shared-office space provider WeWork, opting instead for a smaller deal of about $2 billion amid market turbulence and opposition from investment partners.
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