Sunday, November 24, 2024
HometechnologySoftBank’s Masayoshi Son has been planning his comeback

SoftBank’s Masayoshi Son has been planning his comeback


A new Monetary Instances profile of Mayayoshi Son opens with SoftBank’s CEO seeming to hit backside, gazing his “ugly” face on Zoom and telling himself, “I’ve performed nothing I could be pleased with.”

Certainly, Son largely disappeared from the general public eye after SoftBank’s Imaginative and prescient Fund took big losses from investments like WeWork. However FT author Lionel Barber, whose new biography of Son is known as “Playing Man,” writes that whereas Son seemed to be “doing penance,” he was truly “plotting a comeback.”

Now SoftBank is betting large on AI, and discovering success by taking chip design firm Arm public.

There are additionally some enjoyable private particulars within the profile, like Son’s obvious fascination with Napoleon. When an activist investor introduced up Invoice Gates and Mark Zuckerberg in a 2020 assembly with Son, he reportedly dismissed them as “one-business guys.”

“The suitable comparability for me is Napoleon, Genghis Khan or Emperor Qin,” Son mentioned. “I’m not a CEO. I’m constructing an empire.”

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