SoftBank invests additional $2bil into Coupang
For anyone at #Coupang - SoftBank’s Vision Fund just invested an additional $2 billion to further growth, therefore validating the strategy of Coupang is working and putting Coupang’s valuation up to $9 billion. Was the new 409a price shared internally? Was the investment considered a liquidity event where you were able to sell NSOs for income?
SoftBank is crap. Always inflates valuation. Those companies will suffer
Yep. I really see Alibaba and Uber suffering from SoftBanks investments. /s
How would they suffer? They already have their money
That was sarcasm, sorry. It was in reply to the individual who said startups with SoftBank investments suffer.
What the fuck is SoftBank doing
It may also mean coupang is bleeding money and SoftBank has to keep it afloat to protect its investment.
SoftBank == new .com bubble.