What tech companies will fare well when the bubble pops? https://www.zerohedge.com/health/softbank-urges-wework-shelve-its-ipo-its-time-think-unthinkable
Anyone with half a brain knew wework was not valued correctly. I don’t understand how that signals a tech bubble collapse.
That makes too much sense though...
SoftBank was the only investor that valued WW at 50 billion. Everyone else invested at 20 billion (even at the same time SoftBank was buying at 50B). It seems that SB was the outlier and everyone else was right.
We work raised 13 billion so if they're currently worth 20 billion I'd say that's a success.
Where is the option called “none”?
Softbank is greedy and now f***ed up
How much of AWS revenue comes from overvalued startups?
I remember reading its not insignificant.