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"The Gulf investors backing the Vision Fund seem to have decided that WeWork is not a tech bet but simply an aggressive punt on real estate." If you have earli
by CodeSheikh 8y ago
"The Gulf investors backing the Vision Fund seem to have decided that WeWork is not a tech bet but simply an aggressive punt on real estate."
If you have earlier invested in WeWork as a tech startup then one should be questioning your investment strategies and research methods.
- freewilly1040 8y agoProbably not a bad idea for SoftBank... even this headline is funny, Sotbank has decided against a _ludicrously large_ investment in favor of a _still very large_ one
- whatok 8y agoSoftBank did not decide against it. SoftBank's Vision Fund investors decided against it so SoftBank itself invested instead of the Vision Fund.
- rchaud 8y agoConsidering how much these mega-funds put in, I would wager that 'Investment strategies and research methods' are about selling the vision of WeWork more than anything else. They need the valuation to stay up if they want to divest at a profit.