SoftBank’s $375M bet on pizza went bad fast

Re:SoftBank’s $375M bet on pizza went bad fast by tempsy on Saturday February 15, 2020 @03:10PM (#22337640)

Upside for Uber is higher than S&P at this point. Could easily go above IPO price given the general upward trend + their good earnings.

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Re:SoftBank’s $375M bet on pizza went bad fast by alephnan on Saturday February 15, 2020 @03:55PM (#22337906)

Then they could have bought S&P500 first, then buy into Uber now

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Re:SoftBank’s $375M bet on pizza went bad fast by tempsy on Saturday February 15, 2020 @04:09PM (#22337994)

That’s just called hindsight. If anyone knew at the time of decision what the perfect investment was we’d all be billionaires.

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Re:SoftBank’s $375M bet on pizza went bad fast by alephnan on Saturday February 15, 2020 @11:58PM (#22339874)

Right, we don’t. But no one buys the S&P500 because it’s the perfect investment. It’s diversified. Much less risky then buying an individual stock like Uber.

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Re:SoftBank’s $375M bet on pizza went bad fast by tempsy on Sunday February 16, 2020 @12:20AM (#22339920)

You're wondering aloud why a VC firm doesn't just buy the S&P. I think you can figure that one out yourself.

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