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Following SoftBank's first loss in 14 years, CEO Masayoshi Son says his WeWork bet was a mistake, describing it as a “harsh lesson”, and vows to move forward

Masayoshi Son defended the Japanese company's investment, while admitting he misjudged the American firm's founder, Adam Neumann.

New York Times Ben Dooley

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Discussion

  • @scottmaustin Scott Austin on x
    A moment of regret for Softbank's normally confident leader Masayoshi Son: “My own in­vest­ment judg­ment was re­ally bad. I re­gret it in many ways.” About WeWork and Adam Neumann: “I shut my eyes to a lot of his neg­a­tive as­pects.” https://www.wsj.com/...
  • @eliotwb Eliot Brown on x
    Reminder that Masa Son committed $4.4 B to WeWork after a ~12 min tour with Adam Neumann and subsequent meeting in a car http://wsj.com/... pic.twitter.com/HBnQ3SuifV