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by toomuchtodo 2283 days ago
Ponzi scheme that took advantage of SoftBank, who is further attempting to prop it up to recoup something other than 0 from the investment.
2 comments
fastball 2283 days ago
> took advantage of SoftBank

Citation needed? SoftBank isn't some mom&pop shop that cant afford a lawyer to do due diligence.

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toomuchtodo 2283 days ago
That’s fair. SoftBank acted like an unsophisticated investor and goaded Neumann on, so it really is a codependent VC train wreck.
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empath75 2283 days ago
They surely didn’t. Softbank just thought they could take it public before people realized it was garbage.
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