WeWork has filed a lawsuit seeking to force SoftBank to complete its $3 billion tender offer which SoftBank announced it was withdrawing last week, CNBC reported. The lawsuit claims that SoftBank breached its fiduciary duty to WeWork’s shareholders by failing to make good on the offer. WeWork is demanding that SoftBank either complete the tender or pay compensatory damages. The tender offer is...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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