2 ms·
Sometimes I think Softbank is actually just parking money. For example, their Uber investment doesn't make any sense to me except that they have preference. I
by mikekchar 8y ago
Sometimes I think Softbank is actually just parking money. For example, their Uber investment doesn't make any sense to me except that they have preference. If you've got billions it's probably hard to find opportunities with potential upside but limited downside. I also vaguely wonder about their connection with Saudi Arabia. My understanding is that the money isn't just available -- it comes available as investment opportunities arise. In other words, they need to find opportunities to spend a couple of billion here or there, but where it's a quick pitch to the investors who are fronting the money. I have no idea if this investment is part of that "Vision Fund", though, and it's pure speculation on my part.