SoftBank could bring down the house?

SoftBank could bring down the house?

They are quite literally worth what another investor is prepared to pay for them, and given that we’re at the tail end of what has been one helluva boom in venture capital that value can change remarkably swiftly. All of this is not lost on SoftBank, who own a truckload of venture capital darlings, many of which don’t and probably won’t ever make any money. And so using the valuations which are largely concocted by SoftBank themselves (since they’ve often been leading the financings of these “unicorns” and it is the last round of investment capital which is often the metric used for valuing these things), they’re looking to front run IPOs and get out.

Source: capitalistexploits.at