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Has SoftBank made any profitable investments lately? All I hear about them is going bust (WeWork, pizza...).
by randycupertino 7y ago
Has SoftBank made any profitable investments lately? All I hear about them is going bust (WeWork, pizza...).
- fxtentacle 7y ago"SoftBank Vision Fund has had 12 exits. SoftBank Vision Fund's most notable exits include NVIDIA, Uber, and Flipkart." https://www.crunchbase.com/organization/softbank-vision-fund https://www.crunchbase.com/organization/softbank-vision-fund
- rrss 7y agoDidn't SoftBank buy high and sell low for nvidia, though? (and maybe uber, too?)
- sdinsn 7y agoNot for Nvidia, they sold at $218/share with an average basis of $105/share. I can't find a number for Uber alone, but they posted a $6.5B loss for Uber and WeWork together.
- rrss 7y agoAh, thanks. I didn't realize they had options to sell at $218, so I was thinking of the market price in Feb 2019.