ANN CROTTY: Sun sets on profit prophet Masayoshi Son
He and his cronies helped make many people — not just the old ones — wary of the future
18 August 2022 - 05:00
Apparently it’s a sign of ageing: the belief that the world has become scarier and risk-riddled, a place where most change is for the worse.
Masayoshi Son is the latest high-profile individual to exhibit the symptoms. The Korean-Japanese founder and CEO of Softbank has become a nervy cash hoarder who appears wary of anything the future might hold for him or his second Vision Fund. It’s a dramatic change for the former swashbuckling dealmaker who, for years, could seem to do no wrong as he pumped more and more money into tech stocks, including the overhyped WeWork...
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