this post was submitted on 26 Jun 2026
21 points (95.7% liked)
TechTakes
2602 readers
18 users here now
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
This is not debate club. Unless it’s amusing debate.
For actually-good tech, you want our NotAwfulTech community
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
He's picked what, Yahoo, AMD, and Alibaba? But then he also lost a huge amount in the dotcom bust and WeWork and doesn't have have any other notable picks? That's not a golden goose, that a gambler that got lucky thrice and nearly went bust twice, and it will be 3 times if he keeps tripling down on OpenAI.
SoftBank makes a ton of cash. They have a huge mobile phone company in Japan. They used to have the Japanese monopoly on iPhones. Those are the geese who lay the golden eggs Son then squanders.
He certainly seems to enjoy the same kind of privilege of an infinite rebuy that Elon gets. It really does feel like there's a limit of nine digits on the money counter and once you get more than a billion dollars it just overflows to infinity. There seems to be no amount of bad investments they can make or money they can lose that would actually matter or make them come back to the same economy the rest of us live in.