Tender Offer Didn’t Happen. Bonds Plunge to Record Low. This comes after WeWork reported a $1.25 billion loss in Q3. Second thoughts about throwing so many good billions after bad?
However many billions of other people’s money your outfit burns, just make sure you walk away a billionaire.
This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.