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by i_am_jl 1038 days ago
DD? Softbank just throws gobs of money at companies with founders Masayoshi Son likes.

Softbank's "investment strategy" would've ended the company decades ago if it didn't buy a quarter of Alibaba for $20m, a share that would end up being worth over $100b a few years ago.

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It appears that SoftBank also made a huge profit on Sprint. Although it was less than they initially expected and took much longer to exit.

https://www.wsj.com/articles/softbanks-boss-bet-22-billion-o...