WeWork saga cost SoftBank’s Masayoshi Son US$11.5 billion and his credibility

“You can recover from mistakes, but how do you recover from the perception that you don’t know what you’re doing?” said Aswath Damodaran, a professor at New York University’s Stern School of Business. “His actions say, ‘I am arrogant.’” WeWork’s subsequent nosedive is costing SoftBank more than…

#aswathdamodaran #wework #softbank #visionfunds #alibabagroupholding #adamneumann #softbankgroupcorp #visionfund #masayoshison #alibaba