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Amazing to think they could have acquired up to 100 medium/large companies with real products and real profits.

40B is not insane —- it’s Ludicrously Insane (a la Spaceballs)

It's amazing to think after the debacle of 2022 that Softbank still has any money left.

It doesn’t, I believe it’s borrowing a large portion of it.

> Japanese giant SoftBank logged a 608.5 billion yen ($3.96 billion) gain on its Vision Fund tech investment arm in its fiscal second quarter ended Sept. 30, posting a steep quarterly increase after swinging back to black in the three months to June.

> The Vision Fund has been cashing in on the success of the September 2023 listing of smartphone chip designer Arm Holdings, in which it owns a sweeping majority stake of around 90%.

https://www.cnbc.com/2024/11/12/softbank-earnings-q2-2024.ht...

Didn’t they also invest $16B in WeWork?

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