Co-working startup WeWork raises $1 billion from SoftBank
Co-working startup WeWork has revealed that it has raised $1 billion from Japanese conglomerate SoftBank. The latest funding comes in the form of convertible bonds, according to WeWork. Also, the startup had $1.9 billion in cash on hand as of June 30 and has already raised about $5 billion from SoftBank so far, according to WeWork's financial results.