SoftBank’s losses reveal Masayoshi Son’s broken business model

Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by panick21_ on Monday August 29, 2022 @12:09PM (#32639892)

Not sure who markets are ruined for the long term. If the subsidizing stops, the market will reestablish itself. There is nothing destroyed inherently here.

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Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by lossolo on Monday August 29, 2022 @04:49PM (#32643381)

Tell that to all the normal people that went out of business and lost life savings because they couldn't compete with loss-leader.

[ Parent | on HN ]

Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by panick21_ on Tuesday August 30, 2022 @04:55AM (#32648139)

Yeah and many normal people beyond drivers also made money and consumers gained, while some existing producers and Uber investors lost.

The market always producers winners and losers, there is nothing that can really be done.

You can't really make it illegal to invest in growing companies that lose money.

[ Parent | on HN ]