Masa Son admits judgment was "really bad" on WeWork investment 🔒

www.wsj.com

"I regret it in many ways," Son said of the investment, after SoftBank marked down the total value of WeWork’s equity to $7.8 billion. Still, he mounted a vigorous defence of the current situation at WeWork. The company believes it can be turned around with a strong focus on its fundamentals, according to a presentation it pushed out late Friday.

WeWork and other deals could impact the second Vision Fund, as a column from Bloomberg's Tim Culpan noted.

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