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The WeWork “Acquisition” (with Dan Primack)
Acquired
Softbank Says They Didn't Leave It Then
The company is now running on fumes, shockingly low on cash. They are looking to bring in three billion dollars wit the ipo. J p morgan had arranged massive six billion dollar debt package,. So work in in august, looks at its balance sheet and says, we're running really low oncash. But come end of september, were gan to have nine billion dollars. And they had banked that in their brains and in their models. Then softbank thinks adam newman should leave. Well, adam's not leaking that. There's no reason for anybody else to be. Ah, softbank's leaking that. Well. We don't know who did.
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