SoftBank Group CEO Masayoshi Son admits he made massive mistakes in his handling of the Japanese company’s multi-billion dollar investments into U.S. tech companies, WeWork in particular. “My own investment judgement was really bad,” he said at a Tokyo news conference, according to the Wall Street Journal. “I regret it in many ways.” After writing down the value of its holdings in WeWork and 20 other investments, SoftBank’s $100 billion tech-focused Vision Fund posted a
source https://therealdeal.com/2019/11/06/softbanks-masa-son-i-ignored-weworks-problems-made-bad-investments-in-us-tech-firms-and-im-really-sorry/
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