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I wonder how much good vs damage SoftBank has done to tech companies, or was it just te normal consequence of the end of the tech bubble? I don't mean Uber, WeW

by as-j 6y ago

I wonder how much good vs damage SoftBank has done to tech companies, or was it just te normal consequence of the end of the tech bubble? I don't mean Uber, WeWork and the high profile ones, but the less news worthy failures. What do I mean? SoftBank funded companies were told to grow at any cost, scale to become the market leader. A lot of companies weren't mature enough, or maybe not viable enough to do so and just burnt through cash and ended up with nothing as a result. I wonder how they would have done had they not had such a strong drive to grow at any cost?

nsl73 6y ago
I imagine if Uber hadn’t pushed so hard for growth most local markets would still be using their old taxi system.
- as-j 6y ago
  That's why I excluded Uber and the like, the push was for the same strategy for all sorts of their smaller invesments. Edit: thinking companies like Wag, DoorDash, etc