‘Use Whatever Excuse’: Texts From SoftBank’s Masa Son Show Alleged Push To Abandon $3 Billion WeWork Payout

In the months after WeWork aborted its IPO plans and ousted its CEO Adam Neumann, many of its employees and shareholders were expecting a $3 billion payout from WeWork’s largest investor — a final chance for many to leave the company behind.

Some time after SoftBank announced it would take over WeWork last October in a deal valued at $9.5 billion — including the $3 billion set aside for shareholders — Son received a text from Claure, acknowledging a request from SoftBank to delay the shareholder payout, known as a tender offer. Claure texted back: “Ok. Will use antitrust. I am turning good at excuses like someone I know very well :).”

I see myself making this list one day

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