Soft Money
Quote from Emmanuel Awopetu on June 13, 2021, 12:39 PMAfter months of unparalleled losses, Softbank, a Japanese technology group, continues to make billionaires, raking in 4.03 trillion yen (36.99 billion USD) from its portfolio companies such as Sprint, a US telecommunications company, Coupang IPO, and Doordash, an American food delivery app. This demonstrates that the company is accelerating with disconnected investment brakes while remaining ambitious in its confidence in technology's potential.
This stunning comeback comes after a massive loss of 24 billion dollars due to a series of unfortunate events such as the collapse of OneWeb, the WeWork fiasco, and the Global Covid-19 pandemic, which helped her become the first Japanese company to do so, and also helped her displace Microsoft as the third most profitable-known company, thus having a lead role after American technology firm- Apple, and Middle-east oil giant- Saudi Aramco, with profit of 57 billion and 49 billion USD in profit.
The business, which rose to prominence as an early-stage investor in Alibaba, China's largest e-commerce company, is expanding in all directions to keep the tech ecosystem within her grasp. It was announced last month that she had purchased a 40% stake in Auto Store, a Norwegian warehouse automation company. This contract, which was valued at 2.8 billion dollars, will give the company a piece of the logistic industry, which is the backbone of trade and requires efficient management for products to last.
Nonetheless, the Minato firm's future is uncertain, as many concerns arise about its mode of operation, leadership style, and the decline in the number of independent, reliable voices who may challenge the standard of decisions. As a result, if it wishes to survive beyond its founder, it will need to do more in terms of succession planning and internal co-operative governance. Among several such events, Yuko Kawamoto, the company's first female board member, recently resigned after a disagreement with Son, the company's founder, over a key decision.
To keep its green light and preserve its place among the global corporate elite, the brand that has evolved from a small software sales shop to a telecommunications behemoth will need its leadership to duplicate the exceptional success that has taken these firms this far with yet to be listed firms in the ambitious Vision portfolio.
Furthermore, ride-hailing company Didi, sensational mobile application TikTok, which has redefined the economies of fame, and truck service network Full Truck Alliance, all of which have solid sales growth, decent market share, and a clear path to profitability, according to Govil, the bank's CFO and Managing Partner would have to be engaged.
After months of unparalleled losses, Softbank, a Japanese technology group, continues to make billionaires, raking in 4.03 trillion yen (36.99 billion USD) from its portfolio companies such as Sprint, a US telecommunications company, Coupang IPO, and Doordash, an American food delivery app. This demonstrates that the company is accelerating with disconnected investment brakes while remaining ambitious in its confidence in technology's potential.
This stunning comeback comes after a massive loss of 24 billion dollars due to a series of unfortunate events such as the collapse of OneWeb, the WeWork fiasco, and the Global Covid-19 pandemic, which helped her become the first Japanese company to do so, and also helped her displace Microsoft as the third most profitable-known company, thus having a lead role after American technology firm- Apple, and Middle-east oil giant- Saudi Aramco, with profit of 57 billion and 49 billion USD in profit.
The business, which rose to prominence as an early-stage investor in Alibaba, China's largest e-commerce company, is expanding in all directions to keep the tech ecosystem within her grasp. It was announced last month that she had purchased a 40% stake in Auto Store, a Norwegian warehouse automation company. This contract, which was valued at 2.8 billion dollars, will give the company a piece of the logistic industry, which is the backbone of trade and requires efficient management for products to last.
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Nonetheless, the Minato firm's future is uncertain, as many concerns arise about its mode of operation, leadership style, and the decline in the number of independent, reliable voices who may challenge the standard of decisions. As a result, if it wishes to survive beyond its founder, it will need to do more in terms of succession planning and internal co-operative governance. Among several such events, Yuko Kawamoto, the company's first female board member, recently resigned after a disagreement with Son, the company's founder, over a key decision.
To keep its green light and preserve its place among the global corporate elite, the brand that has evolved from a small software sales shop to a telecommunications behemoth will need its leadership to duplicate the exceptional success that has taken these firms this far with yet to be listed firms in the ambitious Vision portfolio.
Furthermore, ride-hailing company Didi, sensational mobile application TikTok, which has redefined the economies of fame, and truck service network Full Truck Alliance, all of which have solid sales growth, decent market share, and a clear path to profitability, according to Govil, the bank's CFO and Managing Partner would have to be engaged.