The SoftBank Effect: How $100 Billion Left Workers In A Hole • Discoverology

The SoftBank Effect: How $100 Billion Left Workers In A Hole

nytimes.com
16m read

Masayoshi Son, SoftBank’s chief executive, was hailed as a kingmaker in 2016 when he unveiled the Vision Fund. Using the cash hoard, Mr. Son poured money into fledgling companies across the world, many of which have a business model of hiring contractors who deliver their services. Above all, he urged these start-ups to grow as fast as possible.

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