SoftBank Clears a WeWork Hurdle with New Goldman Financing

SoftBank Clears a WeWork Hurdle with New Goldman Financing

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Interactive Video

Business

University

Hard

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The video discusses SoftBank's financial strategy to gain control over WeWork through a significant financing package. It highlights the role of Goldman Sachs in arranging a $1.75 billion loan, which is syndicated to other lenders. The loan structure involves SoftBank as a technical borrower, reducing credit risk for lenders. The discussion also touches on SoftBank's Vision Fund and its impact on the company's overall business strategy. Additionally, the video explores SoftBank's internal culture, emphasizing the shift from aggressive growth to a focus on profitability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the culture within SoftBank as discussed in the Business Week feature?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What shift in conversation regarding startup growth strategies is highlighted in the text?

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