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by android521 144 days ago
why are you obsessed with how other people allocate their money?
5 comments

>why are you obsessed with how other people allocate their money?

I suggest you stop viewing the actions of multi billion dollar multinational corporations as anything similar to individual action.

Tu Quoque AND false equivalency. Impressive.

We should all care how resources are used, even if don't own them. That investment is going to make things more expensive for everyone. See RAM, SSD, and GPU prices.

Because Softbank are really bad at it, and they have lots of it.

https://www.reuters.com/business/softbanks-wework-once-most-...

How did they get it?
Got lucky on Yahoo! Japan in the 1990s.
Wikipedia says Alibaba was their big win. And then they convinced the Saudis to let them bet with Saudi money. They also have decent net income trends:

https://companiesmarketcap.com/softbank/earnings/

Either way, seems like enough of their bets work out, so far.

https://blogs.wsj.com/digits/2014/09/19/softbanks-alibaba-al...

What made you think that I'm "obsessed" with how other people spend money?
It's not their money.