Thread by @modernhomesla

Paulie only sees
SoftBank
as a steaming pile...

Investors:
SoftBank, Japan
Vision Fund, KSA

Investments:
Oyo
WeWork
Compass
Slack Technologies
Uber
Sprint

SoftBank’s method:
throw cash at cos
in hopes of striking gold
ain't wrkng.
cnbc.com/2020/01/10/sof…

"Totally screwed."
Hurry-up + wait
has hurt startups.

SoftBank Vision Fund
walked from deals w:
Honor
Seismic
+
Creator,
maker of hamburger-making robots
whose backers incl.
Google Ventures + Khosla Ventures

axios.com/softbank-walk-…

WeWork Debacle
has left many investors wary.

Manhattan + London
lease-signings sink.

A failed IPO.
A firing of CEO.

And co's new ldrs say:
"It is still growing."

[What a load of crap. They sound like scam artists, imo.]
archive.ph/KHB6k

Oyo Hotels
firing 1,000s of staff across
China + India,
adding 2 growing signs of trouble
at 1 of the largest startups in
SoftBank Group Corp.’s portfolio.

archive.ph/flKAm

SoftBank Vision Fund
employees depict
'Culture of Recklessness'
w/in environment of
sycophancy + harassment.

Masayoshi Son
doesn't know wtf is going on.
Just lies to investors,
as seen w Compass + WeWork.
What we call 'Smoke + Mirrors, Song + Dance.'
archive.ph/cmJAS

Wow.
Saudi Arabia
is stoopid.

POS Katerra
signs $650M contract w
Saudi Arabia
2 build 8,000 homes.

Agreement follows
turbulence in construction startup’s U.S. business, including layoffs + executive departures.
archive.ph/NPA8p

And, interestingly so,
no execs from SoftBank
are allowed to talk.

Masayoshi Son
tamps anyone speaking.

Just bizarro-ville, folks.