SoftBank invests $300 mn in co-working space startup WeWork
Japanese conglomerate SoftBank has invested $300 million in American co-working workspace startup WeWork, valuing the startup at more than $17 billion. Earlier reports had suggested that SoftBank was planning to invest a total of $3 billion in WeWork. Founded in 2010, WeWork rents out desks and offices to small businesses, freelancers and other people seeking temporary working space. 