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SoftBank mulls $1B investment in WeWork

Jan. 31, 2017 4:52 AM ETSoftBank Group Corp. (SFTBY) StockSFTBF, SFTBY, WEWKQBy: Yoel Minkoff, SA News Editor2 Comments
  • SoftBank (OTCPK:SFTBY) is weighing an investment of well over $1B in shared-office space company WeWork (VWORK), in what could be among the first deals from its new $100B technology fund, WSJ reports.
  • WeWork, valued by investors at nearly $17B last year, is one of many richly valued private companies that recently has held discussions with the Japanese investment giant.

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