Comment by jasonlotito
1 day ago
Softbank sold all of Nvidia in 2019. Look how that turned out for them.
> SoftBank’s Vision Fund was an early backer of Nvidia, reportedly amassing a $4 billion stake in 2017 before selling all of its holdings in January 2019. Despite its latest sale, SoftBank’s business interests remain heavily intertwined with Nvidia’s.
Further, ″[SoftBank] made a point of saying that it wasn’t any view on NVIDIA. ... At the end of the day, they are using the money to invest in other AI related companies,” he said.
Make of that what you will, but asking "are they irrational?" needs to answer with more than just "Softbank sold all of Nvidia again."
Both of these come from the link you provided.
- SoftBank Vision Fund Founded 2017 [1] - Nvidia Founded 1993 [2]
Strange definition of “early backer of Nvidia”.
[1] https://en.wikipedia.org/wiki/SoftBank_Vision_Fund [2] https://en.wikipedia.org/wiki/Nvidia
If I going to bank with someone, I want it to be more aggressive. Hard Bank is what I'm talking about--a bank with cojones.