Startups

SoftBank’s big bet on sharing economy backfires with Coronavirus

Investors are increasingly spooked about the stability of Son’s empire and its $100 billion Vision Fund amid the pandemic. Before this week, SoftBank shares had tumbled about 50% in a single month, including their worst one-day decline since the Japanese billionaire listed his company in 1994.

from Startups-Small Biz-Economic Times
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