Home > Boards > Free Zone > Penny Trading - Technical > $.0001-$.0011 News, DDs & Charts Only!!!

SoftBank Group (OTC: SFTBY).

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
mick Member Profile
Member Level 
Followed By 2,605
Posts 855,580
Boards Moderated 196
Alias Born 09/04/00
160x600 placeholder
mick Member Level  Saturday, 05/18/19 05:05:47 PM
Re: mick post# 44526
Post # of 47238 
SoftBank Group (OTC: SFTBY).

What started out as an incubator for dot-com companies back in the 1990s has grown to be one of the largest venture capital investors in the world.

And it is hugely successful at what it does.

So while the rest of the world has to scratch and claw their way in the IPO market hoping to survive, SoftBank is already there with a position… at much lower prices.

Or, as was the case with Uber, Softbank was not only early, but it is involved in the spinoffs too.

The sell-off in Uber shares may have bothered those that bought at the IPO price, but the losses are hardly made a blip in the valuation at SoftBank, and rightly so.

SoftBank is looking at the big picture. And that big picture is looking bright for Uber and many other of its venture capital holdings that total some $100 billion.

That's right, SoftBank has more than $100 billion invested in numerous startups through its "Vision Fund."

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist