> Look, I am pointing this out not primarily to make fun of SoftBank, which is easy enough in hindsight, but to suggest that these are really big changes. Not just for SoftBank! Fast-growing money-losing tech-adjacent startups under the absolute control of their founders were the dominant category of big private unicorns not that long ago, and SoftBank was the leader and trendsetter and deepest pocket in funding those companies. And now, after some disappointing results, SoftBank is heading in the exact opposite direction, emphasizing profitability and good governance over growth and, you know, bad governance.
Personally, I like the change in direction..