As Zume layoffs loom, a look back at SoftBank’s troubled investing year
https://techcrunch.com/2020/01/07/as-zume-layoffs-loom-a-look-back-at-softbanks-troubled-investing-year/
Changing from the highest-flying conglomerate and most famous capital vehicle to troubled icons of misplaced exuberance, it’s tough to be SoftBank and its Vision Fund today. Despite the occasional good story, it’s been a tough run for the pair.
But lost in the continuous drip of bad news concerning the Japanese firm and its globally backed, gravity-bending fund is the scale of its myriad problems. When taken into account as a group, however, it’s easier to see how many things have go south in rapid succession. So let’s do that.
As Zume layoffs loom, a look back at SoftBank’s troubled investing year
Jan 7, 2020, 6:41pm UTC
https://techcrunch.com/2020/01/07/as-zume-layoffs-loom-a-look-back-at-softbanks-troubled-investing-year/
> Changing from the highest-flying conglomerate and most famous capital vehicle to troubled icons of misplaced exuberance, it’s tough to be SoftBank and its Vision Fund today. Despite the occasional good story, it’s been a tough run for the pair.
> But lost in the continuous drip of bad news concerning the Japanese firm and its globally backed, gravity-bending fund is the scale of its myriad problems. When taken into account as a group, however, it’s easier to see how many things have go south in rapid succession. So let’s do that.