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SoftBank Next 30-Year Vision (2010) [pdf]

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21–30 of 48 posts

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#21

The scope of a 30 years vision I would be happy with would encompass the channeling of capital away from old fat clown bankers, toward its efficient distribution to young hungry minds.

Young hungry minds like the WeWork guy? It seems to me the money might be largely staying in the circus.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#23
Has anyone written about the earliest origins of Softbank's massive war chest?

You'd on occasion hear about Softbank in the late aughts but nothing worthy of note. And then suddenly just like that it was everywhere.

They hired Nikesh Arora who was let go just as swiftly as they hired him.

  As President & Chief Operating Officer of SoftBank Corp.
  Arora received over $200 million in compensation over the
  last two years" while at the head of Softbank's operations.
  This pay package made him world's highest paid executive.[1]
Is there a rhyme to any of the stuff they do? Or is it on the whims and fancies of Masayoshi Son?

Is there an exhaustive read somewhere, on all of this?

[1]

https://en.wikipedia.org/wiki/Nikesh_Arora#SoftBank_Corp.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#24
post #18

Slide 43: Contention that Transistors are comparable to cells. This crazy talk is continued throughout the presentation. Slide 44: Contends that Moore's law will continue for the next 300 years. Slide 58: A fantastic butchering of Maslow's hierarchy of needs. Slide 61: Unsubstantiated (probably wrong) claim life expectancy is going to linearly increase for the next 300 years. Slide 73: Contention that storage scales…

> It's like it's written by someone who has no interest or understanding of the complexity of the things they're meant to be talking about.

Marketing today.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#26
post #18

Slide 43: Contention that Transistors are comparable to cells. This crazy talk is continued throughout the presentation. Slide 44: Contends that Moore's law will continue for the next 300 years. Slide 58: A fantastic butchering of Maslow's hierarchy of needs. Slide 61: Unsubstantiated (probably wrong) claim life expectancy is going to linearly increase for the next 300 years. Slide 73: Contention that storage scales…

I'm impressed you actually made it that far. I stopped reading when they translated all the cause of death statistics into loneliness.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#27

300 year plan. No wonder they fell for WeWork. https://news.ycombinator.com/item?id=21297789 Adam Neumann: “It’s important that one day, maybe in 100 years, maybe in 300 years, a great-great-granddaughter of mine will walk into that room and say, ‘Hey, you don’t know me; I actually control the place. The way you’re acting is not how we built it,'” he said."

I don't think they fell for We Work, they are the same as We Work. They're doing exactly the same thing We Work did - talk so abstractly and grandly about their vision that people miss the fact that nothing actually works. We Work was a great tool for Softbank to push the exact same con as We Work. You can't say CPUs with more transistors than atoms on the earth and then actually invest in a semi-conductor company.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#28
post #18

Slide 43: Contention that Transistors are comparable to cells. This crazy talk is continued throughout the presentation. Slide 44: Contends that Moore's law will continue for the next 300 years. Slide 58: A fantastic butchering of Maslow's hierarchy of needs. Slide 61: Unsubstantiated (probably wrong) claim life expectancy is going to linearly increase for the next 300 years. Slide 73: Contention that storage scales…

Also the first set of slides are about feelings of despair, What an odd opener for a presentation.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#29
post #18

Slide 43: Contention that Transistors are comparable to cells. This crazy talk is continued throughout the presentation. Slide 44: Contends that Moore's law will continue for the next 300 years. Slide 58: A fantastic butchering of Maslow's hierarchy of needs. Slide 61: Unsubstantiated (probably wrong) claim life expectancy is going to linearly increase for the next 300 years. Slide 73: Contention that storage scales…

I'm impressed you actually made it that far. I stopped reading when they translated all the cause of death statistics into loneliness.

In Japan loneliness is a big issue. I remember reading how people 70+ commit crimes JUST to go to prison, so they have somebody to care for them. (https://www.bbc.com/news/stories-47033704)

People can die from loneliness/depression. They just give up and then their health deteriorates. Yes it's not the loneliness that kills you, it is some organ(s) failing, but the root cause is loneliness/giving up.

Re: SoftBank Next 30-Year Vision (2010) [pdf]

#30
“The simplest way to view SoftBank is as an indebted holding company that owns a basket of assets, which are of mixed quality and often themselves indebted”.

For more context on Mr. Son and the fragility of SoftBank’s model, below recent Economist article is a good read

https://www.economist.com/business/2019/11/07/hard-times-for...

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