Asking for a friend, but is the secret to receiving Softbank capital just to be either a scam or a highly misleading business? I still can't work out why they ever invested so much in WeWork.
https://www.readmargins.com/p/softbank-robinhood-and-a-margi...
In short, the background of Softbank founders is in plumbing of the financial system. They intentionally bid up dubious companies into obviously unsustainable valuations, with the aim to make them highly illiquid. Faced with illiquid stocks, many of the assumptions behind trading models break down, and obscurities of the financial plumbing come to fore - the water Softbank knows really well. Eventually, index funds include a portion of the bid-up companies on their balance sheets, FOMO investors roll in - that's when Softbank unloads their bags
If get an answer so, let me know. A friend of could use some SoftBank millions as well!