Meet Ron Fisher, the SoftBank executive who awarded WeWork a $47 billion valuation months before it delayed its $10 billion IPO

It's not clear if Ron Fisher's billion-dollar gamble will pay off.

The SoftBank executive sits on WeWork's all-male board, having led the Vision Fund's multiple investments in the startup since 2017. As the Vice Chairman and Head of Investment at SoftBank Group, Fisher, 71, is one of the most senior employees overseeing SoftBank's first $100 billion Vision Fund, and the firm's WeWork investment could very well be his legacy.

SoftBank, and Fisher by extension, is widely credited with overinflating WeWork's valuation in later stage private funding rounds. SoftBank first became publicly involved with the New York-based coworking startup in August 2017 after it purchased $1.3 billion worth of shares from a group of undisclosed existing investors. At the time, WeWork was valued at $16.9 billion. That same month, SoftBank led the startup's $1.7 billion Series G, which valued it at $21.2 billion. At its peak, WeWork was privately valued at $47 billion after a $5 billion direct investment from SoftBank.

Read More: The history of WeWork's meteoric valuation rise — and fall

Now, Fisher's investment looks precarious, at best. After pouring billions in private funding into WeWork, the buzzy startup has decided to delay its public offering originally planned for the end of September. Once valued at $47 billion, the startup is now reportedly considering listing at a significantly discounted valuation of around $10 billion.

As one of only six board members, Fisher is in the unique position of knowing what might come next for the beleaguered real estate startup. But he may have sacrificed a lot to get there.

Here is what we know about Fisher, the SoftBank executive who led Vision Fund's controversial investment in WeWork.

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