The dangerous approach of SoftBank’s Masayoshi Son
https://www.newstatesman.com/business/2022/08/softbank-masayoshi-son
The 64-year-old Japanese-Korean billionaire who runs SoftBank, Masayoshi Son, acknowledged earlier this week that he should have been more selective about the investments he has made. “I am ashamed of myself for being so elated by big profits in the past,” he told reporters as SoftBank’s earnings report was published. “We were in a kind of bubble on valuations. If we had been more selective and invested better, we wouldn’t have received this heavy blow.”
https://www.newstatesman.com/business/2022/08/softbank-masayoshi-son
The 64-year-old Japanese-Korean billionaire who runs SoftBank, Masayoshi Son, acknowledged earlier this week that he should have been more selective about the investments he has made. “I am ashamed of myself for being so elated by big profits in the past,” he told reporters as SoftBank’s earnings report was published. “We were in a kind of bubble on valuations. If we had been more selective and invested better, we wouldn’t have received this heavy blow.”