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Reading: SoftBank Emerges as a Big Loser of the Tech Downturn. Again.
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The Wall Street Publication > Blog > Tech > SoftBank Emerges as a Big Loser of the Tech Downturn. Again.
Tech

SoftBank Emerges as a Big Loser of the Tech Downturn. Again.

Editorial Board Published August 2, 2022
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SoftBank Emerges as a Big Loser of the Tech Downturn. Again.
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Early last year, Masayoshi Son addressed his staff on a video call. At the time, startup companies were surging in value, but SoftBank Group Corp. wasn’t investing in enough of them.

His executives needed to persuade more companies to take their money, the Japanese billionaire lectured, according to former employees.

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