Hacker News new | ask | show | jobs
by falloutx 1092 days ago
Why is it always Softbank getting scammed?
2 comments

Anybody who has seen a Masayoshi-son presentation and then gives SoftBank capital to invest deserves whatever loss they take.

https://www.businessinsider.com/13-slides-softbanks-vision-f...

https://finance.yahoo.com/news/golden-geese-unicorns-inside-...

i don't understand how a presentation like this (and by extension, the company) can somehow accrue nearly 70 billion in market cap. perhaps it is so genius i cannot even comprehend.
Perhaps. Or perhaps nobody wants to admit publicly that they don’t get it either, and don’t want to miss all that sweet, sweet, alpha that gets generated when SoftBank figures out how to enable telepathic communication.

There may also be a fair amount of The Common Knowledge Game[0] going on.

0 - https://www.epsilontheory.com/harvey-weinstein-common-knowle...

Lack of due diligence?