My investment judgement was really bad: Softbank Chairman regrets his deal with WeWork10:30:00 AM, Friday 8th of November 2019 | in business
Softbank Chairman Masayoshi Son said that he regrets his deal with WeWork. He told 'my own investment judgement was really bad' & admitted that he overlooked WeWork CEO Adam Neumann's behaviour. Softbank had invested in WeWork at $4.7 billion in Jan but it again invested last month at a valuation of $7.8 billion after an IPO failed. Masa Son is not new to losing money but he will need all his business acumen to come out of it.