How SoftBank bet and lost billions on WeWork

On December 6, 2016, Masayoshi Masa — founder of Japanese investment company SoftBank — was due to visit the headquarters of WeWork in New York City. As usual, he was running late, and his subsequent meeting with president-elect Trump loomed large. The planned two-hour at WeWork tour turned into a 12-minute walk-about. Unabashed, Masa invited WeWork’s...