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2min chapter
The WeWork “Acquisition” (with Dan Primack)
Acquired
Soft Bank
Soft bank is scaring the world, looking for companies like this. But economically, this doesn't have the high fixed cost, low variable cost component that a true, sort of pure technology business would have. They took advantage of a situation. Even if you look at vision fun, they'd put a ton of that was money that theyhad already invested in arn anm that they basely just transferred over to take a big chunk.
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