SoftBank The Next Berkshire Or Valeant?
SoftBank has an odd relationship with Uber. At one point SoftBank bought shares directly from the ride-sharing company at a $68 billion valuation, then tendered shares at a $50 billion valuation. But for AB Bernstein analyst Chris Lane, this dichotomy isn’t a concern about investing in SoftBank and its Vision fund. The tech soothsayers in Japan know exactly what they are doing with " the Berkshire Hathaway of Tech" and will prove it with this investment . . .
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