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The strange thing is that even if Softbank is effective at floating at this valuation (apparently by having 28 banks hawking the IPO and having a small float),
by dkjaudyeqooe 3y ago
The strange thing is that even if Softbank is effective at floating at this valuation (apparently by having 28 banks hawking the IPO and having a small float), there is almost no prospect of it remaining at that valuation, and Softbank is left holding the vast majority of the shares.
I don't see how this doesn't end in tears. It seems to be mostly wishful thinking.