Stung by WeWork, SoftBank boss Son charts more cautious IPO course
Fresh from the WeWork debacle,
SoftBank CEO Masayoshi Son says he now aims to be more cautious
about the timings of IPOs, a shift that could squeeze the
Japanese company’s funding and increase its reliance on its
lower-growth telecom business.
SoftBank CEO Masayoshi Son says he now aims to be more cautious
about the timings of IPOs, a shift that could squeeze the
Japanese company’s funding and increase its reliance on its
lower-growth telecom business.
Posted by Reuters
