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© (c) Copyright Thomson Reuters 2019.Stung by WeWork, SoftBank boss Son aims to be more cautious
By Sam Nussey and Rocky Swift TOKYO©2024 GPlusMedia Inc.
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JJ Jetplane
Son seems to have a habit of over committing and going too much against the grain. All signs pointed to WeWork failing to become a long term marketable company. They were losing money even before their IPO. Son wanted to commit.
JeffLee
Son is way in over his head. Silicon Valley isn't a Japanese oligopoly, no matter how much Mideast oil money (aka "bubble fuel") you have. He needs to go back to safe, protected Japan and stay there, for everyone's sake.
Yubaru
Everyone thought Son had the Midas touch, including himself it seems, and he has found out that it just not so.
talaraedokko
Is this news?
Sh1mon M4sada
IMHO, WeWork, Uber etc. are both symbols of capitalism gone over the edge. These are perfect textbook examples of greed and exploitation, and I'd be certain communist marxist textbooks will give them as examples of the evil of capitalism.