SoftBank’s struggling startups now have a price tag.
SoftBank’s own shares have steadily fallen in the last two months, down by 25%, as investors have increasingly grown wary of startup valuations.
Sanford C. Bernstein estimates that the Vision Fund’s write-down could amount to as much as $5.93 billion; in addition, SoftBank Group will lose $1.24 billion from the portion of WeWork that it owns directly,Sanford C. Bernstein analyst Chris Lane estimates that SoftBank could see a $3.54 billion loss in the value of its Uber stake and a $350 million drop for Slack, as well as a $2.
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