SoftBank's big bets are starting to unravel. A record investment loss will take a sizable chunk out of the $100 billion Vision Fund For a man with a 100-year vision, Masayoshi Son sure seems impatient.
We already know that the SoftBank Group Corp. chairman wasn’t content letting Adam Neumann be slightly crazy in his plan to upend the short-term office rental market; indeed he encouraged the founder of The We Co.
to be even crazier. And when a young Ritesh Agarwal was building out Oyo Hotels & Homes as a purveyor of standardized, quality accommodation in India, it was Son who told him to dream bigger: Challenge the world’s largest hoteliers, he urged.