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The strategy of SoftBank and all long term investments is for the companies and products they invest in to blossom into big money producing engines; they don’t
by RootKitBeerCat 7y ago
The strategy of SoftBank and all long term investments is for the companies and products they invest in to blossom into big money producing engines; they don’t care about short term time horizons, so much as picking 10-20% of their investments that will 10-10000x their initial investments over the next 20-50 years.
- davidivadavid 7y agoBut there's no way they're going to see those return on late stage investments? For Uber to 10x from their current market cap, they'd have to be worth ~$700 bn. That seems hard to achieve, let alone multiples in higher orders of magnitude.
- hkmurakami 7y agoYou have the stages and return profiles completely mixed up here. What your day is true for early stage. Not the case for late stage
- pishpash 7y agoWas Apple late stage enough in 2000?
- sushid 7y agoYour example is an extreme outlier.
- gingabriska 7y agoYea the unicorns are always outliers. If one of the company actually ends up being Apple, they'll win.