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As I mentioned in another submitted story: SoftBank really knows how to pick them. It invested 1 billion about a year ago [1]. [1] https://www.bloomberg.com/ne
by ckastner 6y ago
As I mentioned in another submitted story: SoftBank really knows how to pick them. It invested 1 billion about a year ago [1].
[1] https://www.bloomberg.com/news/articles/2019-04-23/softbank-.. https://www.bloomberg.com/news/articles/2019-04-23/softbank-....
- jansan 6y agoBut not directly. WSJ wrote "Funding came from personal accounts of a group of SoftBank employees and an outside investor." Doesn't make it better, does it?
- lazyjones 6y agoWho knows whether that investment actually happened at this point...
- koheripbal 6y agoIt's definitely better for SoftBank.
- samizdis 6y agoGot a file not found with the link above, but this [1] is a few hours ago: "SoftBank Support for Wirecard Under Scrutiny After Meltdown" [1] https://www.msn.com/en-us/finance/companies/softbank-support-for-wirecard-under-scrutiny-after-meltdown/ar-BB15HWDO https://www.msn.com/en-us/finance/companies/softbank-support...
- grumple 6y agoDo we consider a softbank investment to be a red flag at this point?
- koheripbal 6y agocorrected link: https://www.bloomberg.com/news/articles/2019-04-23/softbank-is-said-to-consider-acquiring-5-stake-in-wirecard https://www.bloomberg.com/news/articles/2019-04-23/softbank-...
- hef19898 6y agoWhich has me a little bit worried about Flexport... SoftBank seems to be a good indicator or trouble.