SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by petra on Wednesday April 15, 2020 @10:33AM (#22878161)

//What's the ongoing value? You find a lawn-mower or dog-walker you like, and cut out the middleman by paying them directly.

There are contracts involved.More than 50% of people prefer not to mess with that stuff. That's a big market.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by catalogia on Wednesday April 15, 2020 @04:05PM (#22882374)

Contracts... for dog walking? Here is the contract: "I give you a $20 bill and you walk the dog, deal? Let's shake on it."

That's how it worked for dog walking and lawn work when I was doing it as a teenager. No lawyers, no paperwork, no signatures, nothing needed to get notarized. No bullshit. KISS principle in action.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by cruano on Wednesday April 15, 2020 @06:54PM (#22884115)

I think he means an "If you do a side-deal we kick you off our platform" type of thing, referring to cutting out the middle man

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