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Why the deflation of SoftBank's tech bubble is a good thing

After WeWork meltdown, attention shifts to SoftBank-backed hotel chain Oyo

The ripple effects of the WeWork meltdown, combined with investors' valuation concerns about Softbank-backed Oyo, will likely have a sobering effect on young tech start-ups on both sides of the Pacific.  

After the meltdown at WeWork, attention is shifting to the valuation of another SoftBank-backed company, Oyo, the Bangalore-based hotel chain that has been one of the great success stories of the Indian startup scene.

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