5 ms·

that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money?

by caycep 7mo ago

Analemma_ 7mo ago
Saudi oil money
- MidnightRider39 7mo ago
  Which might not be a thing anymore soon the way things are going…
  - bahmboo 7mo ago
    Other way around - the Saudis are making bank.
    - outside1234 7mo ago
      well, until the Iranians blow up their refineries.
      - saintfire 7mo ago
        Iranians are also making bank. Why kick a hornets nest when you're winning?
        mschuster91 7mo ago
        > Why kick a hornets nest when you're winning? Tell that to Trump and his glorious way of bombing Iran. Nothing against the idea itself, the Mullahs all but asked for it to happen. But the execution? That was a level of dogshit I haven't seen in the time I was alive lol. Even Russia was better prepared with their invasion of Ukraine. Both Trump and Netanyahu had a somewhat solid perspective on not getting utterly wasted in the next elections. Instead they go on one of the most ill-prepared wars in modern history, with results that may seriously upend the global economy if not lead us to WW3 outright.
  - ds2df 7mo ago
    cant stop winning!
phillipcarter 7mo ago
Most people know Softbank as the company who lost billions on WeWork and not the company who made several more billions on the ARM IPO.
- caycep 7mo ago
  with these swings, I'm not sure how Son-san keeps himself from getting an ulcer
  - dd8601fn 7mo ago
    At some point it must just be Monopoly money.
    - darth_avocado 7mo ago
      Sir, it’s called investing
- IshKebab 7mo ago
  Yeah I checked their overall return. It's average. Not better than index funds IIRC.
jelling 7mo ago
They borrowed $40B from JP Morgan. They literally did not have the money otherwise.
- lefty2 7mo ago
  also they need to pay back that in one year, so if OpenAI don't IPO this year they are screwed
  - roxolotl 7mo ago
    Was curious about the source here. Seems widely reported and I just missed it. This a unpaywalled source I found https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan-points-to-a-2026-openai-ipo/ https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan...
    - Lionga 7mo ago
      they are Hwanging it
adventured 7mo ago
Their ~$50 million total Alibaba investment turned into ~$70 billion. As of two years ago they were still liquidating out of it. January 26, 2024 - "Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in China's internet industry and a holding that spanned about 23 years." "SoftBank, which invested US$20 million into Alibaba when it was still a start-up in 2000, said in a corporate filing on Thursday that it was set to book a gain of 1.26 trillion yen (US$8.5 billion) - about 425 times the value of its initial outlay - for the Tokyo-based firm's 2024 financial year after divesting its [remaining] shares via subsidiary Skybridge." https://finance.yahoo.com/news/japans-softbank-concludes-run-alibabas-093000078.html https://finance.yahoo.com/news/japans-softbank-concludes-run...
- HardCodedBias 7mo ago
  "As of two years ago they were still liquidating out of it" I get that people are scared of investing in China. But if I still made single stock investments, I would seriously consider BABA, it seems well positioned.

that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money?

by caycep 7mo ago

that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money?

Analemma_ 7mo ago

Saudi oil money

MidnightRider39 7mo ago
Which might not be a thing anymore soon the way things are going…
- bahmboo 7mo ago
  Other way around - the Saudis are making bank.
  - outside1234 7mo ago
    well, until the Iranians blow up their refineries.
    - saintfire 7mo ago
      Iranians are also making bank. Why kick a hornets nest when you're winning?
      - mschuster91 7mo ago
        > Why kick a hornets nest when you're winning? Tell that to Trump and his glorious way of bombing Iran. Nothing against the idea itself, the Mullahs all but asked for it to happen. But the execution? That was a level of dogshit I haven't seen in the time I was alive lol. Even Russia was better prepared with their invasion of Ukraine. Both Trump and Netanyahu had a somewhat solid perspective on not getting utterly wasted in the next elections. Instead they go on one of the most ill-prepared wars in modern history, with results that may seriously upend the global economy if not lead us to WW3 outright.
- ds2df 7mo ago
  cant stop winning!

phillipcarter 7mo ago

Most people know Softbank as the company who lost billions on WeWork and not the company who made several more billions on the ARM IPO.

caycep 7mo ago
with these swings, I'm not sure how Son-san keeps himself from getting an ulcer
- dd8601fn 7mo ago
  At some point it must just be Monopoly money.
  - darth_avocado 7mo ago
    Sir, it’s called investing
IshKebab 7mo ago
Yeah I checked their overall return. It's average. Not better than index funds IIRC.

jelling 7mo ago

They borrowed $40B from JP Morgan. They literally did not have the money otherwise.

lefty2 7mo ago
also they need to pay back that in one year, so if OpenAI don't IPO this year they are screwed
- roxolotl 7mo ago
  Was curious about the source here. Seems widely reported and I just missed it. This a unpaywalled source I found https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan-points-to-a-2026-openai-ipo/ https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan...
  - Lionga 7mo ago
    they are Hwanging it

adventured 7mo ago

Their ~$50 million total Alibaba investment turned into ~$70 billion. As of two years ago they were still liquidating out of it. January 26, 2024 - "Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in China's internet industry and a holding that spanned about 23 years." "SoftBank, which invested US$20 million into Alibaba when it was still a start-up in 2000, said in a corporate filing on Thursday that it was set to book a gain of 1.26 trillion yen (US$8.5 billion) - about 425 times the value of its initial outlay - for the Tokyo-based firm's 2024 financial year after divesting its [remaining] shares via subsidiary Skybridge." https://finance.yahoo.com/news/japans-softbank-concludes-run-alibabas-093000078.html https://finance.yahoo.com/news/japans-softbank-concludes-run...

HardCodedBias 7mo ago
"As of two years ago they were still liquidating out of it" I get that people are scared of investing in China. But if I still made single stock investments, I would seriously consider BABA, it seems well positioned.