Startups

Masayoshi Son’s bankers are worried about their favorite client

Son’s recent string of stumbles has tested banks’ commitment to the new model. Tumbling valuations for marquee holdings including WeWork and Uber Technologies Inc. led SoftBank to report a nearly $6.5 billion operating loss in the fiscal second quarter, its first in 14 years.

from Startups-Small Biz-Economic Times
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