“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
“You see all these companies that seem to be highly valued until they actually have to be bought by someone and then the world looks very, very different. They are looking at valuations that are so high that it turns out it could be a curse for some of these companies.”— Cyriac Roeding, cnbc.com