SoftBank’s Insane Presentation on How It Will Fix WeWork nymag.com

Photo: SoftBank GroupHere’s what Son, SoftBank’s legendary founder, had to say about this chart:SoftBank market value peaked at about 2000, when the Internet bubble burst, but we exceeded actually this time in terms of shareholder value.
But shareholder value, which is the most important [key performance indicator] for us, is the biggest in our corporate history.
One obvious answer is that the stock market expects him to take the profits from successful investments like Alibaba and pour them into shitty investments like WeWork.
What this chart says is, if you bought SoftBank, fired Son, and sold the company off for parts, you’d make a profit of $120 billion.
So maybe Adam Neumann isn’t the only charismatic founder-CEO who needs to be paid to go away.