INSUBCONTINENT EXCLUSIVE:
WeWork has picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBank Vision Fund
The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a
price of $110 or higher, ultimately valuing WeWork at $42 billion minimum.In August, SoftBank Corp invested $1 billion in WeWork in the form
of a convertible note.According to the Financial Times, SoftBank will pay WeWork $1.5 billion on January 15, 2019 and another $1.5 billion
central connective tissue for work in general
Plus, WeWork has developed enterprise products for large corporations, such as Microsoft, who tend to sign longer, more lucrative leases
growth, which seems to have been the key to its soaring valuation
