SoftBank’s Losses Mount as History Repeats Itself
The CEO of SoftBank, Masayoshi Son, promised to be more disciplined with his investing after billion-dollar losses piled up in the firm’s first Vision Fund. But as the market for tech stocks and startups turns downward, the firm is now finding itself in a similar position. WSJ reporter Eliot Brown joins host Zoe Thomas to discuss why SoftBank may emerge as one of the biggest losers in the tech downturn, again.
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The CEO of SoftBank, Masayoshi Son, promised to be more disciplined with his investing after billion-dollar losses piled up in the firm’s first Vision Fund. But as the market for tech stocks and startups turns downward, the firm is now finding itself in a similar position. WSJ reporter Eliot Brown joins host Zoe Thomas to discuss why SoftBank may emerge as one of the biggest losers in the tech downturn, again.
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