The Prodigal Son

The Prodigal Son

Japanese billionaire Masayoshi Son is known for making outsize bets on tech startups. But current and former employees of SoftBank describe a culture of recklessness, sycophancy, and harassment. Son founded the SoftBank Vision Fund, the biggest source of investment money flowing to Silicon Valley. O...

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Veröffentlicht in:Bloomberg businessweek (Online) 2019-12 (4641), p.46
Hauptverfasser: McBride, Sarah, Tan, Gillian, Turner, Giles, Elstrom, Peter, Alpeyev, Pavel, Stone, Brad
Format: Magazinearticle
Sprache:eng
Schlagworte:
Chief executive officers
Corporate culture
Harassment
Human rights
Investment companies
Investors
Management styles
Son, Masayoshi
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Zusammenfassung:Japanese billionaire Masayoshi Son is known for making outsize bets on tech startups. But current and former employees of SoftBank describe a culture of recklessness, sycophancy, and harassment. Son founded the SoftBank Vision Fund, the biggest source of investment money flowing to Silicon Valley. One feature that sets the Vision Fund apart is where the biggest chunk of its money comes from: Saudi Arabia. Son raised $45 billion from the Saudis despite international scrutiny of their human-rights record.
ISSN:0007-7135
2162-657X