SoftBank


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Softbank CEO Masayoshi Son (Getty, Katerra, iStock)
National

Katerra files for bankruptcy

Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...

Katerra files for bankruptcy
Katerra’s abrupt closure has left clients and subsidiaries in the lurch. (Getty)
National

What Katerra’s shutdown means for clients, subsidiaries

Last week, “rumblings” from Katerra workers on a project site in Jersey City reached developer Paul Silverman. He then...

What Katerra’s shutdown means for clients, subsidiaries
Katerra CEO Paal Kibsgaard (right) and Softbank CEO Masayoshi Son (Getty)
National

Troubled construction startup Katerra will shut down: report

Another SoftBank-backed startup has imploded. The construction startup Katerra, which aimed to transform the $12 trillion global construction industry,...

Troubled construction startup Katerra will shut down: report
Softbank CEO Masayoshi Son and Compass CEO Robert Reffkin (Getty, Compass)
National

SoftBank buys $72M of Compass stock

SoftBank has upped its stake in Compass, shelling out $72 million to buy stock in the newly public company. The tech giant, already Compass’ largest shareholder, purchased 4 million shares on April 6 at...

SoftBank buys $72M of Compass stock
Better CEO Vishal Garg and SoftBank CEO Masayoshi Son (Better.com, Getty)
National

Better.com lands $500M investment from SoftBank

UPDATED, April 8, 2021, 3:20 p.m.: Mortgage lending startup Better.com’s valuation just swelled to $6 billion thanks to a...

Better.com lands $500M investment from SoftBank
Clockwise: Ori Allon, Robert Citrone, Robert Reffkin and Masayoshi Son (Getty/Illustration by Kevin Rebong for The Real Deal)
National

Here’s who made bank in Compass’ IPO

UPDATED, April 7, 2021, 6:05 p.m.: Compass’ initial public offering last week made its founders and top executives millions — or billions in the case of its largest investor, SoftBank Group, at least on...

Here’s who made bank in Compass’ IPO
Robert Reffkin and Ori Allon (Getty, iStock)
National

What you need to know about Compass’ IPO this week

Compass’ hotly anticipated IPO is finally (almost) here. The venture capital-backed residential firm is set to go public in...

What you need to know about Compass’ IPO this week
Softbank CEO Masayoshi Son and Adam Neumann (Getty/Illustration by Kevin Rebong for The Real Deal)
National

Adam Neumann, SoftBank near settlement agreement

Adam Neumann could walk away with a $500 million golden parachute from WeWork, the beleaguered co-working company he co-founded....

Adam Neumann, SoftBank near settlement agreement
SoftBank Group COO Marcelo Claure and Mayor Francis Suarez (Getty; iStock)
Miami

SoftBank to invest $100M in Miami startups

SoftBank Group COO Marcelo Claure is launching a $100 million initiative to fund Miami-based tech companies and those moving to the Magic City. Claure, who is also CEO of SoftBank Group International and executive...

SoftBank to invest $100M in Miami startups
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