Gina joined Breakingviews in 2016 from the Financial Times, where she was the enforcement and regulatory correspondent in Washington, most recently focused on white-collar crime and cyber security. Before that, Gina was the corporate reporter for Quartz and spent seven years at the Wall Street Journal in New York, Baghdad and Detroit, covering M&A, war and cars. She also has written a book about the Khmer Rouge, trained journalists in Iraq and written from her native Seoul.
Jamie Dimon’s outfit has helped line up $6 bln in credit for the office sublessor and lent millions to CEO Adam Neumann. Funds advised by the bank are also one of the firm’s largest investors. With WeWork’s IPO increasingly in doubt, the ties call into question JPM’s tech savvy.
Masayoshi Son’s firm lavishes startups with cash to help them dominate their field. But WeWork is struggling. Other Vision Fund-backed firms from dog-care service Wag to car-sharing app Getaround lag rivals. Deep pockets alone can’t conjure up strategy, leadership and execution.
Minority stakes in U.S. firms with sensitive information on Americans may soon be subject to national security reviews – a sensible acknowledgement that data has value. There’s a cost though. Casting the net that wide will put a chill on inbound deals, and not just from China.