WeWork just raised another $4.4 billion from SoftBank
Miguel McKelvey and Adam Neumann discuss WeWork at IGNITION 2016. Business Insider
SoftBank is investing $3 billion in WeWork itself, and putting another $1.4 billion into three new WeWork subsidiaries — WeWork China, WeWork Japan, and WeWork Pacific.
ソフトバンク自身は、30億ドルをWeWorkを投資していますが、さらに14億ドルを新たなWeWorkの3つの子会社 WeWork China と WeWork Japan、そして WeWorkパシフィック へ追加しています。
Earlier this year, the Wall Street Journal reported that WeWork raised $300 million from SoftBank with plans to raise a total of $3 billion. Then, in early July, Bloomberg reported that WeWork had gotten another $760 million. At the end of July, WeWork secured an extra $500 million from SoftBank. Thursday’s announcement includes the previous investments.
WeWork leases out large blocks of space in commercial buildings and then subleases them to smaller companies, frequently tech startups. The new-age real estate firm was valued at $21 billion in July, making it the fifth highest-valued startup in the world.
SoftBank’s investment represents one of the first made by its new $100 billion tech-focused Vision Fund, which was announced last October and is being described as the largest fund of its kind in the world.