Re:SoftBank’s $375M bet on pizza went bad fast
by fxtentacle on Saturday February 15, 2020 @02:43PM
(#22337460)
I am honestly surprised that nobody mentioned the critical quote:
"The fund is less than three years old and we’ve already had eight IPOs and returned $10.6 billion to our limited partners."
I would be willing to believe that. Maybe SoftBank is making money and paying out profits, despite some of their companies publicly failing in spectacular ways. In that case, they are absolutely correct to ignore public opinion and continue doing what they were doing before.
"The fund is less than three years old and we’ve already had eight IPOs and returned $10.6 billion to our limited partners."
I would be willing to believe that. Maybe SoftBank is making money and paying out profits, despite some of their companies publicly failing in spectacular ways. In that case, they are absolutely correct to ignore public opinion and continue doing what they were doing before.