Do Masa’s Unicorns Need To Fly To Confirm The SoftBank Bull Thesis? Initiate With Neutra l Rating – LightShed Partners

Do Masa’s Unicorns Need To Fly To Confirm The SoftBank Bull Thesis? Initiate With Neutral Rating – LightShed Partners

It’s been popular to dump on SoftBank lately and they have been an easy target. SoftBank’s Vision Fund has become the poster child for what many believe is a bubble in private market valuations of technology stocks. In fact, many blame SoftBank for driving up industry wide valuations across multiple verticals, whether SoftBank was an investor or not. Skeptics simply point to the repudiation by public market investors of SoftBank investments that have launched IPOs. WeWork’s attempt to go publi…

https://lightshedtmt.com/2019/10/14/do-masas-unicorns-need-to-fly-to-confirm-the-softbank-bull-thesis-initiate-with-neutral-rating/