Will we ever see anything like SoftBank again in venture? There were 2+ years where it felt like the entire landscape might change forever. We've seen dumb money "come & go" many times in Hollywood. SoftBank wasn't dumb money. But like Hollywood, this will happen again.
Isn’t it part of a macro trend towards concentration of capital? I argue that fundamental R&D deserves more funding generally, but SoftBank capital is used as a weapon to win marketshare This is a flip-side of global monetary policy intended to stimulate investment. Wrong kind.