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Katerra
News

Katerra Names New CEO As SoftBank Infuses Another $200M

... also said Tuesday it has secured $200M in funding from SoftBank Group's Vision Fund. Kibsgaard, who has served on ... builds on the foundation Michael established as founder of Katerra," SoftBank Vision Fund Managing Partner Jeff Housenbold said in a statement ...

May 19, 2020
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wework
News

WeWork Says It Has Paid 80% Of Rent, As SoftBank Battle Heats Up

... Adam Neumann, who stood to sell his stake to SoftBank for $970M. SoftBank claims that the special committee "lacks authority" to ... pursue the lawsuit. Regarding SoftBank, Mathrani said that the $5.5B liquidity that the ...

May 12, 2020
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Adam Neumann Wants To Sue SoftBank Over The Killed $3B Bailout
News

Adam Neumann Wants To Sue SoftBank Over The Killed $3B Bailout

... WeWork shareholders said earlier this month the company is suing SoftBank, WeWork’s biggest backer, claiming the Tokyo-based firm' ... the deal. A trial date has been set for January. SoftBank’s lawyer, however, claims the committee “lacks authority,” Bloomberg ...

Apr 20, 2020
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WeWork Building
News

WeWork Turns To SoftBank, Yardi To Fend Off Takeover Bid From Adam Neumann

... . WeWork has been in negotiations about raising the funds with SoftBank, the Japanese conglomerate that was its largest lender and investor ... it had reached an agreement to write down debt with SoftBank, which holds 92% of the firm’s secured notes, and ...

Apr 18, 2024
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WeWork Restructures Under 'The We Company,' Announces Reduced Funding Deal From SoftBank
News

WeWork Restructures Under 'The We Company,' Announces Reduced Funding Deal From SoftBank

... company for three separate branches: WeWork, WeLive and WeGrow. SoftBank promised to Neumann that its pullback on the aforementioned $ ... WeWork, doubting the company's exploding valuation. (The latest SoftBank deal now values WeWork at $47B, according to Fast ...

Jan 08, 2019
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ghost kitchen food truck trailer
News

Fireballs, Regulatory Shutdowns And Heavy Losses Plague SoftBank-Backed Ghost Kitchen Operator

Yet another SoftBank-backed startup is dealing with financial and regulatory issues stemming ... company, which has raised $1.5B from backers such as SoftBank Vision Fund and Mubadala Investment Co., the sovereign wealth fund ...

Nov 29, 2021
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WeWork CEO and co-founder Adam Neumann
News

Adam Neumann May Step Down As WeWork CEO Under Pressure From SoftBank

... allies on the board that are not affiliated with SoftBank. SoftBank had reportedly been the driving force in delaying The ... WeWork's leadership is Benchmark Capital, which also joined SoftBank as investors in Uber Technologies. Benchmark led the movement ...

Sep 23, 2019
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burning-money pixabay
News

Reports: As SoftBank Pushes To Call Off IPO, WeWork Insists It's Proceeding

... is reportedly pushing to delay or cancel it altogether. SoftBank Group Corp., which has supported WeWork's expansion in ... irregularities exacerbated by the company's byzantine corporate structure. SoftBank could be forced to write down its investment in ...

Sep 10, 2019
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Albertsons, Kroger Close To Selling Stores To SoftBank-Backed Buyer, Clearing Path For Merger
News

Albertsons, Kroger Close To Selling Stores To SoftBank-Backed Buyer, Clearing Path For Merger

... Wiggly and Grand Union, has partnered with Japanese investor SoftBank to buy the stores for an undisclosed amount, Bloomberg ... to purchase 400 Winn-Dixie and Harveys grocery stores. SoftBank's investments in the food and logistics industry include delivery ...

Sep 06, 2023
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EXCLUSIVE: WeWork Backer SoftBank On Its Disruptive Real Estate Push
News

EXCLUSIVE: WeWork Backer SoftBank On Its Disruptive Real Estate Push

... with the bleeding edge of technology? And where else might SoftBank be looking to invest in real estate? Bisnow caught up ... with SoftBank Vision Fund Investment Director Justin Wilson, who is speaking at ...

Feb 20, 2019
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