) founder and CEO Masayoshi Son is “embarrassed and flustered” by his track record, he told Nikkei Business magazine, as the Japanese company comes under pressure from some investors for its bets on loss-making businesses.
“When I look at the growth of U.S. and Chinese companies, I feel strongly it’s not good enough,” Son said in an interview. With portfolio company WeWork pulling its IPO and valuations at other key investments falling, SoftBank is struggling to attract investment to a second mammoth fund, Reuters reported last week.
A backlash from hotel owners in Oyo, India, a start-up. Stock prices seem to be down, softbank is okay?
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Source: CNBC - 🏆 12. / 72 Read more »