WeWork picks up ANOTHER $3B from SoftBank

WeWorkhas picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBankVision Fund. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher, ultimately valuing WeWork at $42 billion minimum.
In August, SoftBank Corp invested $1 billion in WeWork in the form of a convertible note.
According to the Financial Times, SoftBank will pay WeWork $1.5 billion on Janua