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