That was a big chunk of business to give away for free. Now you have a Western ARM, and an Eastern ARM competing with each other, in a market which Western ARM used to have all to its self. That can't be good for your valuation.
softbank is so much more than wework and wework might actually start making sense now. softbank has a lot of china exposure, which got hit really bad in the past year.
irthomasthomas|4 years ago
That was a big chunk of business to give away for free. Now you have a Western ARM, and an Eastern ARM competing with each other, in a market which Western ARM used to have all to its self. That can't be good for your valuation.
cerved|4 years ago
baq|4 years ago