SoftBank, Unicorns, “Community-Adjusted EBITDA” And The WeWork Scam: The Jig Is Finally Up!

Once upon a time, SoftBank was best known for making happy slides, such as the one below, which showed a variety of multi-colored unicorns jumping into the stratosphere, to summarize it investing strategy.

Those days are gone, and instead they have been replaced with very stormy weather in community-adjusted EBITDAville.

 

 

 

 

 

https://www.zerohedge.com/health/softbank-urges-wework-shelve-its-ipo-its-time-think-unthinkable