1) Fascinating. Walking away from deals post term sheet, funding competitors to large portfolio co’s (Rappi, Doordash, DiDi’s global expansion) when being a “capital cannon” was a key part of value add and ousting multiple founders are all significant.
2) As I’ve noted, Masa has been resilient before when facing much more adversity and would not bet against him lightly. For the "he was lucky" chorus, reminder that outcomes matter most in investing. Taking away most great investors top 2-3 contributors really changes their #'s
3) Important to realize that Softbank encompasses much more than VF. Interesting developments within the larger portfolio recently with Line/Z Holdings merger and ARM responding intelligently to RISC-V which is a bigger threat to ARM than MIPS ever was.
You can follow @GavinSBaker.
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.
Enjoy Threader? Sign up.
Since you’re here...
... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.