ron fisher is a big thinker.overall has been strategy around investing in certain sectors. if you think a certain sector is right for consolidation, could really bill if it -- could really benefit from technology or other portfolio companies, they tend to go really big. that is the thinking around real estate. it made a number of investments in the sector. the thinking was we work could be the linchpin of their real estate strategy. there was a difference in opinion about how much wework could grow at how fast. caroline: i was chatting with someone who was employed by softbank previously in terms of investing and they said never interest -- underestimate masa. we know we have got alibaba but how much do you think wework, if it does come out at $20 billion, if it doesn't sink thereafter and after uber, and slack has been better performing, but its numbers this week were not great -- start to question the overall prowess of softbank and notably vision fund as it launches its second fund? has,: vision fund itself al

or some of these -- the -- some of the things that ron fisher did.nk you can argue, had a rough couple of weeks. >> the chinese -- they put it -- they allowed it. >> yeah. >> how many days before they took it down >> i saw some favorability polls on juul. down 20 points in a matter of months >> i saw so much vaping at the outside the stadium at lincoln financial, i just wanted to congratulate juul for getting so many -- they didn't have anything to do with it have so many younger people -- they had nothing to do with it they had nothing to do with it, funny flavors. and i really want to exonerate them, they had nothing to do with the vaping -- the epidemic of underage smoking. do you know they had nothing to do with it. >> that's what i understand. >> that's so great. >> they had a fairly strong and continued the effort in washington once they started to get pushback from the fda. scott gottlieb -- >> he should have done much more your document ran again. i caught some of it. it is just a constant reminder that it wrecks families. it is very successf

that's the biggest external investor softbank is represented by ron fisher who joined the board last year it's unclear where other board members stand. the representative from benchmark trk or steve layman who joined the board back in 2012 where do his loyalties lie adam is more powerful than any of them. he can fire the entire board if he chooses if question is how can he best move his company forward and get the cash it needs to continue growing. wework may not be able to grow at the same pace we have seen. >> those are the questions to ask. thanks let's put them to our next guest. people are pointing to your expose about adam neumann's lifestyle. what more have you seen in terms of reaction because we know what kind of character mr. neumann was or is. it shouldn't be that surprising. >> exactly right weworks board members have long known he's this very unusual character, the life of the party, et cetera they decided very recently to act upon that once the magic had worn off with the previously really high valuation that they had. >> paul, what do you think is most damaging in term

mark schwartz and ron fisher. we assume there are likely in favor of his ouster.re some questions about whether benchmark, the venture capital firm the push for uber's ceo ouster two years ago is also looking to do that again. against -- boat goes vote goes against him, does he have to go? >> that is the question on everyone's mind, how is newman going to react? he is not made a comment since the news broke. the company has not commented, either. does he racially step away or does he fight for company he founded and fight this to the death, essentially? it will be interesting to watch. at this point, we just don't know what his response will be. if he does really try to fight softbank and oust the rest of the board, which he is in the right to do as part of the governance structure, it could make this company toxic. vonnie: he could potentially actually try to fire the entire board, right? and those who think he's is a visionary will go with him or new people. if softbank tries to oust newman and wins, does softbank catalyst ceos not replace him? >> it is too earl

ron fisher represents softbank stev steven langman and bruceton levy, the vc firm that ousted travisik they'll have to weigh risk versus reward. >> deidre, a lot of people say it will impact their ability to work with other companies who need money nobody talks about the impact on raising the investor money which it's trying to do right now because in the eyes of an investor, if you're going to side with management all the time you don't have my best interests in mind. >> melissa, that's a good point, right. they have to tread carefully as i said you got the founders on one side and have to show they're tough and going to protect their investment so in one sense when you have all of these trying to died if they want to throw billions in the hat it could be seen he's willing to get tough against a founder that is acting the way that neumann which could be concerning to misdemeanor >> deirdre bosa on the wework saga >> it started when the board as loued all of this to start happening and started when they said okay with dual class structure before this report. >> a lot of investors are