Son’s troubles with the $100 billion Vision Fund and WeWork losses were briefly overlooked. Son admitted his poor judgment in supporting WeWork, which resulted in significant losses. WeWork’s founder, Neumann, followed a similar path to Theranos’ Elizabeth Holmes, and Son played a pivotal role in keeping WeWork afloat. Since the release of the TV show “WeCrashed” in 2022, Son’s Vision Fund has been scaling back operations.
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Summary
Article Name
SoftBank vs. S&P: Billions Vanish in Overlooked Battle
Description
Son's troubles with the $100 billion Vision Fund and WeWork losses were briefly overlooked.
Author
Susan Jane
Publisher Name
Forbes
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