41–50 of 551 posts
Earlier quoted context omitted.
I lean towards this being ignorant hubris. I don't think he set out to scam investors.
I don't think he set out to scam investors. I tripped, fell, and when I put my hand out to catch myself I accidentally had the company give me a loan to buy a building that I leased back to them.
Comedy!!!
Well, corporate governance was one of the main factors why the market refused to accept anything close to their last private valuation, so this makes sense. Note that they desperately need the public money before the end of December in order to avoid running out of cash [0]. My bet is that they will now try to remarket We as a shareholder-controlled company, will maybe even eliminate the multi-class stock structure i…
Softbank wants to delay the IPO now because it would mean a massive writedown of their investment value.
https://slate.com/podcasts/slate-money/2019/09/slate-money-o...
Well, corporate governance was one of the main factors why the market refused to accept anything close to their last private valuation, so this makes sense. Note that they desperately need the public money before the end of December in order to avoid running out of cash [0]. My bet is that they will now try to remarket We as a shareholder-controlled company, will maybe even eliminate the multi-class stock structure i…
I just don't see them wrestling control away from the deranged, cult leader. He truly believes he is destined to be president of the world and revolutionize.. well every thing. There best bet would be to drop the multi-class structure to get into passive funds. It needs $8.1b market cap to get into S&P500.
Earlier quoted context omitted.
I wonder if there is some lingering idea inside their own head that what they're doing is nonsense ... so more nonsense seems pretty logical.
Yeah my curiosity is how one can get so many things right when the same logical processes can spit out completely bonkers ideas at the same time. Is it insane luck that they hit the mark so often?
Well, corporate governance was one of the main factors why the market refused to accept anything close to their last private valuation, so this makes sense. Note that they desperately need the public money before the end of December in order to avoid running out of cash [0]. My bet is that they will now try to remarket We as a shareholder-controlled company, will maybe even eliminate the multi-class stock structure i…
I just don't see them wrestling control away from the deranged, cult leader. He truly believes he is destined to be president of the world and revolutionize.. well every thing. There best bet would be to drop the multi-class structure to get into passive funds. It needs $8.1b market cap to get into S&P500.
these kind of people tend to be driven by ego, so this must have hurt.
looks like he'll still be chairman though.