附近上门

Days after WeWork鈥檚 CEO, , departed due to investor pressure, reports came out that another real estate company is facing a large executive exit as well: .

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, a New York startup that has raised $1.6 billion in known funding to date, has lost a slew of senior level individuals over the past eighteen months including its chief financial officer, chief marketing officer and chief technology officer, .

Beyond both being real estate companies, Compass and WeWork have something else in common: SoftBank, the Japanese conglomerate bank known for large checks and sky rocketing valuations, is a massive investor.

When we last reported on Compass, the company was at a $6.4 billion valuation after raising a $370 million Series G round. It claimed it would be using the new capital to grow software and scaling operations, as well as expanding its East and West coast product and engineering hubs. SoftBank Vision Fund led Compass鈥� round in September.

Let鈥檚 take a quick look at other instances where SoftBank has invested in a company with CEO turmoil.

Other Bets

Recall that SoftBank , a company that loses a lot of money, over time. After revelations surfaced about Neumann and the company鈥檚 questionable finances, SoftBank reportedly led the push to make Neumann resign to a non-executive role.

With Neumann out of the way, SoftBank is in talks to offer a 鈥�$1 billion lifeline鈥� to support WeWork as it struggles toward its public debut, reports .

And that鈥檚 just this week alone. One more startup that fits into the SoftBank CEO exodus category is . The ride-hailing company went public in May.

鈥檚 board of directors, including SoftBank, took down the company鈥檚 once CEO uprising.

Bottom Line

Other startups that lost executives this week include , and .

Here鈥檚 what this all tells us: Silicon Valley isn鈥檛 the only locale fueling high stakes bets with the possibility of going awry. SoftBank-fueled affairs have their own set of risks. Corporate governance, it seems, isn鈥檛 solved by billions of dollars and big valuations.

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Editor鈥檚 note: The article has been updated to reflect that departures have been occurring over a period of eighteen months.