WeWork could double in valuation with SoftBank investment

WeWork is in talks with SoftBank Group regarding a cash infusion that could double WeWork in valuation.

The potential deal would value the New York-based office-sharing company at $35 billion to $40 billion, according to The Wall Street Journal. That is almost double WeWork's current $20 billion valuation.

The investment would make WeWork the second most valuable privately held, venture-backed U.S.-based startup behind Uber, per The Journal.

SoftBank would lead this investment with its $92 billion…...

3 Published By - San Francisco Business Times - Banking & Financial News - Banking & Financial News Headlines - 2018.06.14. 00:45
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