SoftBank invests $4.4 bn in co-working space startup WeWork
American co-working workspace startup WeWork on Thursday announced it has raised $4.4 billion from Japanese conglomerate SoftBank's Vision Fund. WeWork closed a $760 million financing round earlier this year at a reported valuation of $20 billion. Founded in 2010, WeWork rents out desks and offices to small businesses, freelancers and other people seeking temporary working space.