SoftBank’s Vision Fund Loses $17.7B on WeWork, Uber

Re:SoftBank’s Vision Fund Loses $17.7B on WeWork, Uber by malandrew on Monday May 18, 2020 @06:20PM (#23229072)

Both types of investments are valuable because they cause different skills to be developed in the marketplace.

All those $500k to $1M ideas, if successful, will eventually need to hire the kind of talent that honed their skills at companies like Facebook and Uber.

WeWork I can agree on. Not sure what transferrable engineering skills one can learn and improve on at that company.

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Re:SoftBank’s Vision Fund Loses $17.7B on WeWork, Uber by ChicagoDave on Tuesday May 19, 2020 @03:14AM (#23232161)

There are a ton of solid engineers that have never worked for Google or Facebook. That’s a whole other kind of investor hubris.

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