SoftBank sounds familiar… weren’t they a major investor in WeWork? With such poor investing acumen, why haven’t they gone bankrupt yet? Perhaps the $40 billion raised by OpenAI can only be spent on services from SoftBank’s other investments? Do investors ever restrict how their investments are spent?
Comments
SoftBank sounds familiar… weren’t they a major investor in WeWork? With such poor investing acumen, why haven’t they gone bankrupt yet? Perhaps the $40 billion raised by OpenAI can only be spent on services from SoftBank’s other investments? Do investors ever restrict how their investments are spent?
I'm not exactly a fan of their investment choices but WeWork was a tiny blip in the portfolio of SB's speculative tech investment arm
16 billion is 10% of the entire softbank vision fund, isn't a "blip"