[Danieru]

Lots of voices ignoring how Son holds onto stakes. He has yet to liquidate his Yahoo Japan and Alibaba Holdings, and those were massive wins. An embarrassing mistake like WeWork is sure to stay on the books for decades. Selling would force him to mark down the private loss, so more so than winner he will hold I expect.

Maybe WeWork can turn cash flow positive, in which case Don can easily justify holding it. So long as he is not forced to mark down then we can continue doubling down. Son is not a guy with an exit plan, he doubles down until bust then waits for the next cycle.