Ask HN: Why does SoftBank keep falling for lemons?

He's not a good investor, but he's great at convincing very rich people to let him invest their money.

A fool and his money are easily parted. Only logical explanation I can think of. Otherwise, why would he give Adam Neumann another billion after WeWork blew up so spectacularly?

Confirmation bias or sunk cost fallacy? I guess if you have billions you shouldn't fall for that, or at least have advisors that stop you if it is a blind spot.

Dunno - I mean if you've got that sort of money, you might have more people willing to be yes-men and not rock the boat than give honest advice. Perhaps Son has surrounded himself with people afraid to tell him no.

Because most things fail, but a handful of successes will pay for the failures.