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Have they even lost money in aggregate? Like I know WeWork and others ended up being worthless but didn't they also have some homeruns?

• morelisp 3y ago
  They have lost tens of billions on ~150 billion invested, much of that during boom years.
  • Kye 3y ago
    On the other hand, they might be on the verge of profitability depending on how some of their investments go. https://en.wikipedia.org/wiki/SoftBank_Vision_Fund#Notable_investments https://en.wikipedia.org/wiki/SoftBank_Vision_Fund#Notable_i... For example: Arm, ByteDance, Mapbox, Nvidia, Slack. All real companies with real businesses that have huge potential.
    • morelisp 3y ago
      > they might be on the verge of profitability depending on how some of their investments go. Just like everyone else.
      • Kye 3y ago
        There's a whole post there. It's not just one out of context sentence. Maybe focus on the examples I gave to support that sentence.
        • morelisp 3y ago
          Sure, let's take an example. Nvidia might be a real company with real products but that has little bearing on your investment value if if you sold it all in 2019. Even less if you invested with a different fund than you sold it as part of so it looks more successful than it was. ("Successful" being an awful word, since they lost 400 million.)
    • some_random 3y ago
      I don't have any context for other funds, but I have a really hard time believing that it's hard to do better than break even at that scale of capital.
• jsemrau 3y ago
  https://www.macrotrends.net/stocks/charts/SFTBY/softbank-group/net-income https://www.macrotrends.net/stocks/charts/SFTBY/softbank-gro...
  • lotsofpulp 3y ago
    I wonder why those numbers are so different than the ones on this website: https://companiesmarketcap.com/softbank/earnings/ https://companiesmarketcap.com/softbank/earnings/