WeWork could face reputational risk from the new, massive investment from the Vision Fund currently being discussed. The company has been in talks with a number of potential investors and is expected to announce its plans for an initial public offering (IPO) later this year. The deal also raises question over the Vision Fund’s strategy. Plans to launch a second, sizeable investment vehicle, revealed last week, highlights the fact that there aren’t that many private companies big enough to absorb the amount of cash the venture capital fund[s] is seeking to invest.
WeWork could face reputational risk from the new, massive investment from the Vision Fund currently being discussed. The Saudi Government, which has a 45% stake in the Vision Fund, is in the spotlight over allegations surround its connection to the disappearance of Jamal Khashoggi, a US-based journalist. The deal also raises question over the Vision Fund’s strategy. Plans to launch a second, sizeable investment vehicle, revealed last week, highlights the fact that there aren’t that many private companies big enough to absorb the amount of cash the venture capital fund[s] is seeking to invest.