SoftBank raising its investment in WeWork makes sense?

SoftBank raising its investment in WeWork makes sense?

Signage is displayed on glass doors at the WeWork Cos. 32nd Milestone co-working space in Gurugram, India, on Monday, Feb. 18, 2019. Photographer: Ruhani Kaur/Bloomberg

WeWork just lost its CEO, its IPO is delayed indefinitely, prospectus details finally reveal massive losses, it’s burning cash like kerosene, and it needs to raise funds imminently.

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