Nothing was delivered. Today WeWork is valued at $2.8 billion while Softbank's total investment in the company over the years is not far short of $20 billion. Given the far-reaching changes in working practices that the pandemic has wrought, many of which may well be permanent, WeWork may soon be knocking on heaven's door Softbank's troubles were revealed a matter of a few hours after Jack Ma, the co-founder of Alibaba Group, the massive Chinese e-commerce company, suddenly resigned from the Softbank board. He has been a director for 13 years and no reason was given for his abrupt departure other than some wooly burblings from his office to the effect that Mr. Ma has decided to spend more time with his philanthropy. No mention was made of Softbank's decision to raise close to $12 billion by using it's Alibaba stock to pay for buybacks of its Softbank shares. Analysts say $20 billion will be required to push Softbank's stock up a notch or two.