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Softbank seemed crazy to me. Wag etc. - this sounded to me like DotCom bubble investments. Also the sheer amount of money that SB put into companies, amazed me
by _the_inflator 7y ago
Softbank seemed crazy to me. Wag etc. - this sounded to me like DotCom bubble investments.
Also the sheer amount of money that SB put into companies, amazed me.
- charwalker 7y agoRecently I've heard/read the Softbank guru described as addicted to risk. He was backed by $45bil in Saudi money after a 45 minute meeting, so maybe he is convincing or knows what he's about, but the risk factor is clear. Maybe one of the investments takes off long term but there are billions gone already.
- vxNsr 7y agoAlso listened to the Planet Money Episode[0]? [0] https://www.npr.org/templates/transcript/transcript.php?storyId=767379358 https://www.npr.org/templates/transcript/transcript.php?stor...