Quotes from SoftBank’s Biggest Backers Balk at Planned $16 Billion Acquisition of WeWork

“Government-backed funds in Saudi Arabia and Abu Dhabi, according to people familiar with the matter, have told SoftBank executives they have concerns about SoftBank’s negotiations to buy a majority of money-losing WeWork, whose industrial-chic workspaces and short-term leases have made it one of the…”

— Liz Hoffman, Eliot Brown, Maureen Farrell, wsj.com

Tagged: Startups, Valuations, Venture Funding, Venture Backed, WeWork