Hacker News new | ask | show | jobs
by yyyyip 2616 days ago
Masayoshi seems great at picking market tops and buying into them.
1 comments

either he wins big, or no big deal, the advantages of having money.
So far, he lost more money in his funds than he ever made.

But he makes $1B+ a year just from fees.

This is a very twisted idea of "winning big"

He's not investing. He's laundering money at scale.
also laundering reputations - lots of SV companies seem to have no issues with accepting Saudi money if it's via Softbank