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On Twitter, Nikesh is spinning it as a positive, no big deal. He says: I still love Masa, etc. So maybe it worked out well for him. Softbanks stock has declined
by grizzles 10y ago
On Twitter, Nikesh is spinning it as a positive, no big deal. He says: I still love Masa, etc. So maybe it worked out well for him. Softbanks stock has declined somewhat since he is reported to have bought $487 million worth to become Softbanks 2nd largest shareholder. If he managed to unwind that transaction and somehow break even then he has done very well. That would mean he would have essentially freerolled any upside in the company's share price over the last 2 years, if it had rised. Pretty interesting because on the face of it, it would look like Softbank had him over a barrel.