Re:SoftBank’s losses reveal Masayoshi Son’s broken business ...
by Lutger on Tuesday August 30, 2022 @04:19AM
(#32647936)
Isn't this how most fast growing companies work? Or initiatives from large companies?
Your comment makes it sound as if this is just Softbank, but I don't see the difference between this and any other hypergrowth company out there to capture and dominate a market with investor funding, operating on losses for years in order to drive out competition.
What makes Softbank different is its incompetence, not its method. But this is actually doing the market a favor by losing in the end, opening up space for competition again.
Your comment makes it sound as if this is just Softbank, but I don't see the difference between this and any other hypergrowth company out there to capture and dominate a market with investor funding, operating on losses for years in order to drive out competition.
What makes Softbank different is its incompetence, not its method. But this is actually doing the market a favor by losing in the end, opening up space for competition again.