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SoftBank’s Rajeev Misra Used Campaign of Sabotage to Hobble Internal Rivals
- reviel 7y agonon-paywall link anyone?
- Uhhrrr 7y agohttp://archive.is/ZyBH0 http://archive.is/ZyBH0
- hn_throwaway_99 7y agoUgh. These people are sociopaths. Honestly I wish we would have more public distain and opprobrium for this type of sociopathic behavior, instead of just treating it with a "well, most CEOs are at that very least extremely aggressive" shrug. If we treated this kind of behavior like we treat child abuse there would be zero tolerance for it at the top levels of business.
- tathougies 7y agoUm... epstein would like to have a word with you.
- newprint 7y agoWow, just wow and published in the WSJ, and about one of the top executives in one of the largest investment firms. I bet nothing will happened. You know... white color crime.
- jandrese 7y agoIs this guy also responsible for Softbank's somewhat batshit investment strategy? Is he being outed here because someone wants to turn the company around?
- swyx 7y agono, Masa Son has invested like this for decades. including randomly hiring and firing Misra.
- privateSFacct 7y agoGiven how poorly executed softbanks strategy has been I'm not surprised. The strategy itself was maybe something that could work or was at least an interesting idea - but the way they've actually deployed funding has been wild. I wonder how much more self dealing will show up in all of this.
- zkid18 7y agoOther than WeWork fiasko why we can claim that SB strategy is poorly executed? I went through their annual report before WeWork IPO but the overall performance seemed very promising. https://twitter.com/kidrulit/status/1185928845452464128 https://twitter.com/kidrulit/status/1185928845452464128 I wonder why SB is gaining attention in news organizations these days.
- eigenvalue 7y agoYou’d would think if Misra actually did these things, and Benedetti was successful at neutralizing his enemies at the company, that Misra would at least be grateful and happily pay him a few million dollars considering the hundreds of millions he stood to make personally from running the Vision Fund. Also considering how damaging it could be to him to have anyone find out the repulsive dirty tricks he resorted to. But in the end it would seem that he was cheap and also screwed over Benedetti. I hope this takes him down if the allegations are true. I certainly hope I never have to work closely with someone like that— life is too short to have people try to anonymously destroy your reputation for their own financial gain.
- hinkley 7y agoIt reminds me of that old line, “it’s not enough that I win, everybody else has to lose.“ But, how do companies who behave like to stay in business, though? Doesn’t backbiting or treachery slowly destroy the whole enterprise?
- trenning 7y ago> Associates of the Italian businessman said he has told them he recorded conversations in which Mr. Misra detailed his plans to weaken his SoftBank rivals. oof I wonder how much disruption this article is causing all them now!
- abraxas 7y agoUnfortunately sociopaths are overrepresented in corporate boardrooms.
- hinkley 7y agoI don’t know what was going on above his level, but I had a boss who just would not stop talking about that. Kept trying to get me to read “The Mask of Sanity”. He was odd in other ways. I’ve never had a boss who trusted his people so implicitly. I thought that would feel awesome, but it felt more like Dad was in charge of the kids and just wanted to watch the game on TV.
- quantum_state 7y agoRats like this is toxic to the tech ecosystem and should be removed and banished, period.
- diogenescynic 7y agoSounds like standard operating procedure for most companies I’ve worked for. Once you are aware of how many issues just go unsolved or ignored due to various power struggles, it’s pretty demoralizing.