Masayoshi Son - what the fuck is his problem?

Lloyd Blankfein's picture
Rank: Human | 14,964

Masayoshi Son made one of the greatest investments of all time when he turned $20M into $100B with Alibaba. But recently, his track record has been shit. SoftBank's Vision Fund has had made serious blunders with WeWork and other failed investments.

Why are people stupid enough to fund WeWork and Juicero and Quibi? Or even "legit" publicly traded "tech" companies like The RealReal or Casper? Or even Uber or Lyft or DoorDash? What the fuck is wrong with institutional investors?

Comments (27)

Mar 7, 2020

I fucking hate Quibi and I want it to go to zero so badly lol

Mar 7, 2020

Like who the fuck is stupid enough to invest $1.75 billion into that shit?

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Funniest
Mar 7, 2020

I do get the appeal of having very quick, entertaining shows that you can watch for 15 min end to end while eating a meal.

That being said, I can also just continue to watch youtube videos of Gordon Ramsay going ballistic for free, so the business model's not all that competitive.

"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom

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Mar 9, 2020

There is already Tiktok, which is a bs business, higher league of absurdity, yet idiots --- most people are idiots --- still pay. I'm not saying I'm not an idiot but I didn't pay anything for Tiktok.

Mar 10, 2020

I disagree. Tiktok has more intrinsic value than Snapchat. Very different ballgame.

Mar 25, 2020

Eh? That thing is the equivalent for zoomers that youtube was for millennials.

Mar 9, 2020

Turning 20m to 100b will give you a lot of leeway with gps lol - especially in the current capital rich but opportunity scarce environment. Then again, maybe we're just too rarted to see Masayoshi Son's 200iq bobby axelrod plays

Array

Mar 9, 2020

maybe he is actually just a shitty investor who got really lucky one time?

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Mar 9, 2020

John Paulson No.2? Why not.

Mar 10, 2020

Even Ali baba is a fraud, once that ever gets found out his whole Ponzi Scheme utterly collapses - causing 100 billion dollars in losses to banks and creditors.

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Mar 11, 2020

lol please explain

Mar 25, 2020

Net income number is impossibly high clearly books are cooked

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Most Helpful
Mar 10, 2020

The answer is that he has too much capital. A $100 billion fund is too large. There simply is not enough return out there to fill $100 billion of investment, so he ends up investing into crap companies in the pursuit of yield.

Mar 25, 2020

Homies gotta take a beta of 1 to the start up market

"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom

Mar 26, 2020

Unless you're the LDS fund

Mar 25, 2020
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