[rollerboi]

Not just anyone gets 16b of funding to lose 50% on it. You need to be a very charismatic CEO - maybe borderline cult-leader status

[kmonsen]

I think you also need some "special" investors. In this case softbank appreciated the crazyness of the CEO.

[rollerboi]

Yes, but don't forget that those "special" investors were funded by even richer, special-er investors.

Softbank funded WeWork via the Vision fund, which is primarily funded with Saudi money.

[csommers]

ANYONE can lose that kind of money - that's the point they were getting at.

No need to be pedantic.

[arcticbull]

Right but we're assessing the quality of the business he built. It's crap. That doesn't change with what the parent said.

[Uhuhreally]

and there you have hit the nail on the head