News for hackers. Stuff that matters.
Re:WeWork Warns of Possible Bankruptcy by i_am_jl on Wednesday August 09, 2023 @08:48AM (#37061845)
DD? Softbank just throws gobs of money at companies with founders Masayoshi Son likes.

Softbank's "investment strategy" would've ended the company decades ago if it didn't buy a quarter of Alibaba for $20m, a share that would end up being worth over $100b a few years ago.

Re:WeWork Warns of Possible Bankruptcy by nradov on Wednesday August 09, 2023 @09:46AM (#37062567)
It appears that SoftBank also made a huge profit on Sprint. Although it was less than they initially expected and took much longer to exit.

https://www.wsj.com/articles/softbanks-boss-bet-22-billion-o...