Money Talks

Softbank to takeover co-working startup WeWork | Money Talks


Listen Later

WeWork's finally found a way out of its financial troubles. The office-sharing company's been burning through its cash reserves and was expected to run out of money this month. But now its directors have struck a deal with the Japanese conglomerate, Softbank, which is WeWork's biggest backer. It will fill the firm's depleting coffers, but show's WeWork's co-founder Adam Neumann the door. The deal values WeWork at nearly eight billion dollars. For more on this, Santosh Rao joined us from New York. He's the head of research for Manhattan Venture Partners.
#WeWork #Nuemann #Softbank
...more
View all episodesView all episodes
Download on the App Store

Money TalksBy TRT World


More shows like Money Talks

View all
Daily News Brief by TRT World

Daily News Brief

42 Listeners

Business in 60 Seconds by TRT World

Business in 60 Seconds

2 Listeners

Bigger Than Five by TRT World

Bigger Than Five

1 Listeners

Nexus by TRT World

Nexus

1 Listeners

Route 66 by TRT World

Route 66

0 Listeners

Compass by TRT World

Compass

0 Listeners

Strait Talk by TRT World

Strait Talk

2 Listeners

Roundtable by TRT World

Roundtable

1 Listeners

Newsfeed by TRT World

Newsfeed

0 Listeners

Off The Grid by TRT World

Off The Grid

0 Listeners