• Triton

WeWork and Other Private Companies Stay Private Thanks to SoftBank

In their article for The Wall Street Journal, Eliot Brown and Mayumi Negishi report on recent talks in which SoftBank might invest $15 billion in WeWork. This amount would represent the largest ever investment into a private, venture-backed company - roughly double the previous record. What makes this particularly interesting, says Triton's Rett Wallace in the article, is that this infusion of SoftBank's Vision Fund capital isn't necessarily a precursor to an IPO. These companies "will go public when they feel they're ready - not when they have to," said Wallace. Full article in The Wall Street Journal - HERE