Software Engineering Career
Yesterday
3275
L4 Google -> 45 interviews, 5 offers, AMA
Tech Industry
4d
43701
What happens when most of your team is Indian?
Tech Industry
Yesterday
4090
BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
India
Yesterday
228
If a new tech city is built in India ground up with most of the amenities found in a US City. Would you consider moving?
Tech Industry
Yesterday
1339
The man I love hates me because I’m Vietnamese
SoftBank posts a $21.6 billion quarterly loss on its Vision Fund, one of the highest in its history https://www.cnbc.com/2022/08/08/softbank-vision-fund-posts-a-21point6-billion-quarterly-loss-.html
How the hell some one can survive 21 billion loss in a qtr. There could money sharks 🦈 in it.
This quarter loss is better than last quarter ($26 bln loss) 😊
opm - other people’s money
“This is the second largest quarterly loss” Wat
Sure, we lost 21 billion, but look at our quarter on quarter gains! We lost 26 billion last quarter, at this rate we’ll be making 75 billion dollars a quarter in just 5 years!
Same logic they use with their startups.
SoftBank= startups aggregator
Goes to show that even the best business idea in the world can be run into the dirt by inept leadership.
Do they still get any new money? How do they market themselves? "Do you want to be part of the funds that lost the most money in the prior quarter? Be a legend. Part of history. Make your wife's boyfriend proud!"
Boj 🖨️ is bigger than the fed. They'll just 🖨️ more.
Dude. Fed is literally trillions! This is what most people don't understand. The numbers don't even compare between the US federal government and any of these private businesses.
Bank of Japan prints as many trillions as fed. If not more.
Nice
Has saudis oil money locked in.
Warren Buffet's Berkshire Hathaway was double of that at $44B quarterly loss https://www.cnn.com/2022/08/08/investing/berkshire-hathaway-earnings-warren-buffett/index.html
It's also much larger than Softbank.
wtf is softbank
Investment company. They give lots of money to variety of start ups and are known for that. Also known for driving start ups down to the ground.
The vc who fund majority of unicorn startup in the last decade