Smart Buildings

WeWork, WeLive, WeGrow but Will We Succeed in the Long Term?

What could possibly go wrong for a start-up after raising $6.9 billion in their first eight years? Quite a lot apparently, according to a growing number of experts commenting on entrepreneur focused office-space-rental company WeWork, the seventh most valuable private-market start-up in the world. The level of investment itself is, of course, proof that others have strong belief in the firm’s potential for success. In August 2017, we reported on the $4.4 billion investment made by Japan’s SoftBank Group and the SoftBank Vision Fund, the brainchild of Masayoshi Son, an unusually risk-loving Japanese telecoms and Internet entrepreneur. As CEO of SoftBank, Son has been responsible for a variety of seemingly risky investments that have paid off to make the Vision Fund the world’s biggest growth fund by some distance at $100 billion. In fact, the next biggest private equity growth fund reaches just over $20 billion, whilst the next three biggest growth funds of venture […]

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