this post was submitted on 14 Aug 2023
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Just to clarify, SoftBank is not a bank.
Just to clarify: a "commercial bank" is like Bank of America, or Wells Fargo.
An "investment bank" is like... Softbank. They pool money together of the rich and they all make massive bets on companies with their pooled money.
That just makes it worse and totally deserved.
"You had one fucking job!"
Softbank's explicit strategy on their "Vision Fund" was to bankroll their investments with so much money, that all other competitors lost.
Its harmful to our economy and people need to recognize how targeted and how much of a dick-move this was for the last 10 years.
Yeah, they make Link Amps