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SoftBank is reportedly under fire from investors after its WeWork debacle

Masayoshi Son SoftBank

  • SoftBank is under fire from shareholders over the WeWork debacle, other poor investments, and part of its plan to finance its second Vision Fund, according to the Wall Street Journal. 
  • Capital Group, Tiger Global Management, Southeastern Asset Management, and other investors have privately blasted the Japanese conglomerate over recent losses in its Vision Fund, the newspaper reported.
  • AllianceBernstein, Odey Asset Management, and others have slammed SoftBank's intention to lend up to $20 billion to CEO Masayoshi Son and other executives for them to invest in its second Vision Fund, the Journal said.
  • Visit Business Insider's homepage for more stories.

SoftBank is under fire from shareholders over the WeWork debacle, other poor investments, and part of its plan to finance its second Vision Fund, according to the Wall Street Journal. 

Capital Group, Tiger Global Management, Southeastern Asset Management, and other investors have privately blasted the Japanese conglomerate over recent losses in its Vision Fund, the newspaper reported, citing people familiar with the matter. 

See the rest of the story at Business Insider

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