Tech Insider
SoftBank founder Masayoshi Son once predicted neverending profit growth for WeWork.
A slide from a presentation given by SoftBank founder Masayoshi Son in November 2019, when he predicted never-ending profit growth for WeWork.

SoftBank

  • Tech conglomerate and investor SoftBank has lost $14.4 billion so far on WeWork.
  • The office-sharing firm filed for bankruptcy earlier this week.
  • SoftBank was one of WeWork's most bullish backers, predicting it would be worth $100 billion.

SoftBank has lost a cumulative $14.4 billion through its disastrous bet on the now-bankrupt WeWork, per the group's July-September earnings.

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Tech Insider, trending-uk, softbank, WeWork, venture-capital
Source
SoftBank has lost more than $14 billion by betting on WeWork