Following disappointing results from WeWork and Uber's IPO preparations, SoftBank's founder says he is embarrassed by his investment record.
SoftBank founder Masayoshi Son told Nikkei Business that he is embarrassed of his investment record. Two of SoftBank's investments, Uber and WeWork, have seen their valuations drop recently, and WeWork cancelled its planned IPO. Son says he now has been telling founders to"know your limit," to prevent issues like this in the future. Visit Business Insider's homepage for more stories.
SoftBank founder Masayoshi Son told Nikkei Business that he is embarrassed of his investment record. Two of SoftBank's investments, Uber and WeWork, have seen their valuations drop recently, and WeWork cancelled its planned IPO. Son says he now has been telling founders to"know your limit," to prevent issues like this in the future. Visit Business Insider's homepage for more stories.
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