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SoftBank bet Billions on disruptive companies. Many have not paid off.

SoftBank bet Billions on disruptive companies. Many have not paid off. For example, SoftBank and the Vision Fund now face the prospect of harsh write-downs on some of their investments. WeWork and its advisers considered selling shares in its public offering at a valuation as low as $15 billion, well below the $47 billion valuation at which SoftBank last invested in the company in January.

from Moneycontrol Business News https://ift.tt/2lW39WK
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