Investors spent years inflating the value of a highly touted disruptive company, only to see billions of dollars evaporate almost overnight. No, we’re not talking about WeWork, but another SoftBank-funded company that has been damaged by the WeWork collapse: (UBER) (ticker: UBER). Sentiment has turned so sour that the ride-hailing company’s CEO, Dara Khosrowshahi, had to plead with investors to distinguish between Uber and the troubled real estate start-up. Read More...
Investors spent years inflating the value of a highly touted disruptive company, only to see billions of dollars evaporate almost overnight. No, we’re not talking about WeWork, but another SoftBank-funded company that has been damaged by the WeWork collapse: (UBER) (ticker: UBER). Sentiment has turned so sour that the ride-hailing company’s CEO, Dara Khosrowshahi, had to plead with investors to distinguish between Uber and the troubled real estate start-up.
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