| ▲ | caycep 6 hours ago |
| that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money? |
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| ▲ | phillipcarter 6 hours ago | parent | next [-] |
| Most people know Softbank as the company who lost billions on WeWork and not the company who made several more billions on the ARM IPO. |
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| ▲ | caycep 6 hours ago | parent [-] | | with these swings, I'm not sure how Son-san keeps himself from getting an ulcer | | |
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| ▲ | jelling 6 hours ago | parent | prev | next [-] |
| They borrowed $40B from JP Morgan. They literally did not have the money otherwise. |
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| ▲ | lefty2 6 hours ago | parent [-] | | also they need to pay back that in one year, so if OpenAI don't IPO this year they are screwed | | |
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| ▲ | adventured 6 hours ago | parent | prev | next [-] |
| Their ~$50 million total Alibaba investment turned into ~$70 billion. As of two years ago they were still liquidating out of it. January 26, 2024 - "Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in China's internet industry and a holding that spanned about 23 years." "SoftBank, which invested US$20 million into Alibaba when it was still a start-up in 2000, said in a corporate filing on Thursday that it was set to book a gain of 1.26 trillion yen (US$8.5 billion) - about 425 times the value of its initial outlay - for the Tokyo-based firm's 2024 financial year after divesting its [remaining] shares via subsidiary Skybridge." https://finance.yahoo.com/news/japans-softbank-concludes-run... |
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| ▲ | HardCodedBias 4 hours ago | parent [-] | | "As of two years ago they were still liquidating out of it" I get that people are scared of investing in China. But if I still made single stock investments, I would seriously consider BABA, it seems well positioned. |
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| ▲ | Analemma_ 6 hours ago | parent | prev [-] |
| Saudi oil money |
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| ▲ | MidnightRider39 6 hours ago | parent [-] | | Which might not be a thing anymore soon the way things are going… | | |
| ▲ | bahmboo 6 hours ago | parent | next [-] | | Other way around - the Saudis are making bank. | | |
| ▲ | outside1234 5 hours ago | parent [-] | | well, until the Iranians blow up their refineries. | | |
| ▲ | saintfire 4 hours ago | parent [-] | | Iranians are also making bank. Why kick a hornets nest when you're winning? | | |
| ▲ | mschuster91 3 hours ago | parent [-] | | > Why kick a hornets nest when you're winning? Tell that to Trump and his glorious way of bombing Iran. Nothing against the idea itself, the Mullahs all but asked for it to happen. But the execution? That was a level of dogshit I haven't seen in the time I was alive lol. Even Russia was better prepared with their invasion of Ukraine. Both Trump and Netanyahu had a somewhat solid perspective on not getting utterly wasted in the next elections. Instead they go on one of the most ill-prepared wars in modern history, with results that may seriously upend the global economy if not lead us to WW3 outright. |
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| ▲ | ds2df 6 hours ago | parent | prev [-] | | cant stop winning! |
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