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WeWork, the SoftBank Group-backed startup, has filed for bankruptcy protection after its investments in office-sharing space soured. The move represents an admission by SoftBank that the company cannot survive unless it renegotiates its pricey leases in bankruptcy. The bankruptcy filing has had significant repercussions on the commercial real estate market and has damaged Masayoshi Son's professional reputation.
WeWork's bankruptcy reverberated in commercial real estate in San Francisco and New York, and in Masayoshi Son’s professional reputation https://t.co/HwVKUJUjmv
WATCH: Office-sharing giant WeWork has filed for bankruptcy. The move represents an admission by backer SoftBank that the company cannot survive unless it renegotiates its pricey leases in bankruptcy https://t.co/77Kr7pExOM https://t.co/C4Fxz4TUF2
Office-sharing giant WeWork has filed for bankruptcy. The move represents an admission by backer SoftBank that the company cannot survive unless it renegotiates its pricey leases in bankruptcy https://t.co/ujWvgrCHLp https://t.co/qZCnZDEgYf
WeWork's bankruptcy filing caps a years-long saga that revealed breathtaking flaws in Masayoshi Son's investment style, damaging his professional reputation far beyond the money he lost https://t.co/16LOv2L1aj
WeWork's bankruptcy filing caps a years-long saga that revealed breathtaking flaws in Masayoshi Son's investment style, damaging his professional reputation far beyond the money he lost https://t.co/p9qUcDZacV
WATCH: WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection after its bets on companies using more of its office-sharing space soured https://t.co/77Kr7pDZZe https://t.co/bW5AIDCr4M
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection after its bets on companies using more of its office-sharing space soured https://t.co/ujWvgrCHLp https://t.co/lrPOhCDZ5X
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection, after its bets on companies using more of its office-sharing space soured https://t.co/XWmXFEhWiN
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection, after its bets on companies using more of its office-sharing space soured. More here: https://t.co/DJNk9G5O3C