Bill Ackman, Founder and CEO of Pershing Square Capital Management.
Adam Jeffery | CNBC
Hedge fund manager Bill Ackman reportedly believes WeWork could be worthless, noting Japanese investment giant SoftBank "should have passed away" from it.
"I think WeWork has a pretty high probability of being zero for equity as well as for debt," Ackman, founder of the hedge fund Pershing Square Capital Management, said at the Robin Hood investment conference on Tuesday, according to the Financial Times. having put good money after the bad, I think this looks like putting good money after the bad. "