SoftBank's Billions Spur Global Race to Pour Money into Startups

Re:SoftBank's Billions Spur Global Race to Pour Money into S... by te_chris on Monday April 16, 2018 @08:19AM (#16848407)

Didn't the paradise papers basically reveal that softbank is the acceptable face of dodgy money?

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Re:SoftBank's Billions Spur Global Race to Pour Money into S... by Neracked on Monday April 16, 2018 @10:59AM (#16849409)

Only thing I could find about Softbank and paradise papers is a few lines in a NHK world article [1]:

> Telecom giant Softbank Group set up a business entity based in the Cayman Islands to operate an investment fund four years ago. The name of the company's CEO, Masayoshi Son, was mentioned in one of the documents.

> Softbank says it registered the investment fund there to avoid dual taxation for its investors.

While suspicious, this seems like too little evidence to support a broad statement such as "softbank is the acceptable face of dodgy money".

[1]https://www3.nhk.or.jp/nhkworld/nhknewsline/backstories/bign...

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Re:SoftBank's Billions Spur Global Race to Pour Money into S... by 0xB31B1B on Monday April 16, 2018 @09:41AM (#16848886)

It’s 50% Saudi money

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Re:SoftBank's Billions Spur Global Race to Pour Money into S... by soVeryTired on Monday April 16, 2018 @09:32AM (#16848829)

I can't see much about that on google, but I'd be very interested to read about it if you've got a link.

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