The wild swings in SoftBank and Masayoshi Son’s fortunes are back in spotlight in the wake of activist investor Elliott Management’s move to force SoftBank a fresh share buyback. Elliott has built a stake of USD2 billion in SoftBank. In 2020, when SoftBank Vision Fund was in doldrums and the pandemic struck, Elliott, which had then built a USD2.5 billion position, made a similar move. It took full credit when Son eventually initiated a buyback.
Strategy
The one thing every VC must learn from SoftBank’s Masa
Synopsis
SoftBank’s Masayoshi Son is seen as a maverick. It is precisely this quality that has helped him get through when the times got tough.
Refer & Earn
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