Of course, there's SoftBank—who owns roughly 29% of WeWork's stock, according to one executive on a call with analysts. The conglomerate initially scooped up $1.3 billion worth of shares from existing investors and employees in 2017 (when the company was worth almost $17 billion), and then bought in to We in a Series G funding round in August of 2017 at $57.90 per share, pushing We's valuation to over $21 billion (close to We's supposed new valuation target), according to PitchBook. SoftBank bought more shares in a secondary transaction from investors and employees for $1 billion in January in connection with $5 billion in financing (including a $1 billion convertible debt portion and $3 billion warrant agreement) in January at a post valuation of $47 billion, according to PitchBook.