Lots of comments about how people are avoiding SoftBank because of their big losses, but I think the bigger aspect at play is more investors are coming to view these mega funds in general as a bad idea.
That is, when you're sitting on $100 billion dollars, you're going to spend it, even if to grifters like Adam Neumann. I think more folks are coming to the realization that there is just too much money chasing to few deals, and more money isn't the solution.
That is, when you're sitting on $100 billion dollars, you're going to spend it, even if to grifters like Adam Neumann. I think more folks are coming to the realization that there is just too much money chasing to few deals, and more money isn't the solution.