#WeWork filed for bankruptcy, but #SoftBank has lost billions on its other investment too #shorts

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8 Nov 2023

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#WeWork’s bankruptcy filing comes after years of poorly managed and vain investment strategies on the part of Masayoshi Son, CEO of #SoftBank. SoftBank has lost billions of dollars on bets on companies such as Chinese ride-hailing app DiDi Global, while KATERRA, Eutelsat OneWeb and Zume Inc. Pizza have filed for bankruptcy or completely shut down operations. The Japanese billionaire’s reputation is damaged beyond repair.

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