TOKYO: Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.
Ma said Son initially tried to invest US$50 million in the e-commerce firm, but that he declined saying it was as too large a sum - part of a pattern of offering big cheques to company founders that continued with WeWork co-founder Adam Neumann. Son last month said he misjudged Neumann's character, after WeWork - formally The We Company - and other stuttering bets saw his US$100 billion Vision Fund report an US$8.9 billion second-quarter operating loss.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US first lady wades into impeachment fight to defend teen sonWASHINGTON: US First Lady Melania Trump on Wednesday (Dec 5) publicly rebuked a scholar who used her 13-year-old son's name to make a point during ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US first lady Melania Trump wades into impeachment fight to defend teen sonWASHINGTON (AFP) - US First Lady Melania Trump on Wednesday (Dec 4) publicly rebuked a scholar who used her 13-year-old son's name to make a point during an impeachment hearing against the president.. Read more at straitstimes.com. Hahaha.... hypocrite ! Melanie should slap Trump over and over again for Trump is always insulting, calling out and giving names to many of his critics !
Source: The Straits Times - 🏆 8. / 63 Read more »
US first lady wades into impeachment fight to defend teen sonWASHINGTON: US First Lady Melania Trump on Wednesday (Dec 5) publicly rebuked a scholar who used her 13-year-old son's name to make a point during ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
After 20 years, Palestinian mother and son reunited in EgyptCAIRO (REUTERS) - Palestinian journalist Amjad Yaghi was just nine years old when his mother left the Gaza Strip on what should have been a short trip to Egypt for medical treatment.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Exclusive: Alibaba-backed startup AutoX applies for driver-less test permit in CaliforniaREUTERS: Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Thakral Corp sets up JV to invest in Japan propertiesRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »