MasaSon takes the stage at SoftBank presser. Just back from meeting UK Chancellor Hammond.pic.twitter.com/3GyO7YILFe
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"One of the biggest paradigm shifts is coming." First wave was internet to PC. Then mobile. Next wave is internet in everything, Son says
"Brexit did not affect my decision...In a sense, many ppl are worried about Brexit and concerned about the complex situation of the country"
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Son: "I did not make the investment because of Brexit. The paradigm shift is the opportunity. I would have made this decision regardless."
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WOW! --- Son: "I only met w/ the chairman of Arm 2 wks ago. That was the first time I met Stuart...All due diligence and funding in 2 wks."
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On Softbank's huge debt pile, Son: "I believe SoftBank is net debt zero. If I were a bond investor, I'd be excited about buying more debt"
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Son: "This is the first time I spoke abt investing in ARM specifically was w/ this new government." Spoke w/ PM & Chancellor by phone yday
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Son: I presented assurances abt HQ, jobs, investment. "The PM and Chancellor said Wow. That's good!"
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Son: "I am one of the 1st ppl to bet w/ a big size of cash on UK after Brexit. Talking is easy. I am proving it ...This is my big bet."
End of conversation
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