4 ms·
He started from nothing and he's still a billionaire so I wouldn't just dismiss him like that. He's just a different type of businessman who likes making big r
by httpz 3y ago
He started from nothing and he's still a billionaire so I wouldn't just dismiss him like that.
He's just a different type of businessman who likes making big risky bets.
- lotsofpulp 3y agoPeople on this forum should be very happy a guy like him exists who can efficiently transfer wealth from rich Middle Easterners to employees of tech companies.
- prottog 3y agoAs I've heard it stated elsewhere, startups are an inefficiency between the transfer of wealth from VCs to Bay Area landlords.
- Danieru 3y agoExcept get this: that middle east money is safe. It is softbank itself which takes the upside and downside to the vision fund. The middle east money earns a fixed and constant return. I am very glad I sold my softbank shares two years ago. Son is a gambler with horrible bet sizing skills.
- smabie 3y agoWhat do you mean?