Stung by WeWork, SoftBank boss Son charts more cautious IPO course

TOKYO — 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. Son said SoftBank Group’s $100 billion Vision Fund would now look to see […]

source https://www.newsmerit.com/tech-news/stung-by-wework-softbank-boss-son-charts-more-cautious-ipo-course/

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