WeWork’s Enterprise Value Worth ‘Less Than Zero,’ NYU’s Galloway Says

The transcript discusses a financial deal involving SoftBank and WeWork, highlighting the strategic move to save face for the Vision Fund. It examines the financial implications, questioning the company's valuation and potential negative worth due to long-term leases. The discussion also covers alternative solutions like a loan-to-own package coordinated by JP Morgan, emphasizing the importance of SoftBank's intervention to prevent American banks from taking over the Vision Fund's largest investment.

What does the speaker mean by 'negative value' in the context of the company's worth?

Discuss the potential consequences of American banks taking over the Vision Fund's investment.