SoftBank Group is leaning on its employees, including Chief Executive Masayoshi Son, for cash as the firm rushes to raise an ambitious technology fund amid volatile markets.
The Japanese company plans to lend up to $20 billion to its employees to buy stakes in its second giant venture-capital fund, according to people familiar with the matter. Mr. Son may account for more than half of that amount, some of the people said.
I think this is a decent move towards keeping their show going, and probably a beta test for how to create a system to bring the public in to hold the bags, but the pleasure achieved watching all those SV fuckbois go broke would be electric
another consequence of zero interest......i m starting to really worry......
Absolute BS. And clearly against shareholder interests
Isn’t this self dealing ?
WeWork IPO secured
Huh
You should run as fast as you can from this Ponzi