My Investment Judgement Was Really Bad, I Regret It: Softbank’s Masa Son On WeWork Debacle
It’s not every day that a VC comes out in public to admit that they messed up real bad with an investment, but a $4.7 billion writedown would have a sobering impact on nearly anyone. Softbank Chairman Masayoshi Son has said that he regrets his deal with embattled co-working company WeWork. “My own investment judgment was really bad. I regret it in many ways,” he said at a news conference. Softbank has now officially written down...
Post to Tumblr