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A comment on SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb. Parent comment

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by lancesells on Tuesday April 14, 2020 @05:22PM (#22871622)
From everything I've read and watched on Theranos they were committing major fraud. It's hard to blame investors where the company itself is creating false test results during meetings. As far as I can tell it's way worse than WeWork.
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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by TeMPOraL on Wednesday April 15, 2020 @08:00AM (#22876709)
Somebody explain uBeam to me then. They're just a regular startup that everyone with high school-level knowledge of physics knows is bullshit, and yet they're still around.
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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by Trevor908 on Wednesday April 15, 2020 @09:30AM (#22877450)
They fired just about everyone and are gliding along until their money runs out, hoping for a miracle.

(And so that the executives can keep paying themselves healthy salaries, undoubtedly.)

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by jacquesm on Wednesday April 15, 2020 @08:09AM (#22876772)
Investors should never rely on the target for such info. And if a company refuses DD then you just walk.
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