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SoftBank sounds familiar… weren’t they a major investor in WeWork? With such poor investing acumen, why haven’t they gone bankrupt yet? Perhaps the $40 billion
by another_poster 1y ago
SoftBank sounds familiar… weren’t they a major investor in WeWork? With such poor investing acumen, why haven’t they gone bankrupt yet? Perhaps the $40 billion raised by OpenAI can only be spent on services from SoftBank’s other investments? Do investors ever restrict how their investments are spent?
- _--__--__ 1y agoI'm not exactly a fan of their investment choices but WeWork was a tiny blip in the portfolio of SB's speculative tech investment arm
- throwaway290 1y ago16 billion is 10% of the entire softbank vision fund, isn't a "blip"