What criticism has been directed at SoftBank regarding its investments?
SoftBank in Talks to Boost $1.5B WeWork Pledge: FT
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The transcript discusses SoftBank's potential $1.5 billion investment in WeWork, highlighting the significance of this move amidst WeWork's financial challenges and high burn rate. It explores the controversy surrounding WeWork's CEO, Adam Neumann, and the possibility that his stepping down was a condition for SoftBank's investment. The transcript also examines SoftBank's strategy of inflating company valuations pre-IPO and its substantial financial commitment to WeWork, despite the company's declining valuation.
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What is the estimated valuation of WeWork mentioned in the text?
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