I’m not sure how I feel about Softbank (disclaimer: customer and almost certainly a shareholder indirectly), but I have to appreciate the sheer moxie that says “We’re in a business that has very stable cash flows and is done growing, so our choices are senescence or betting big.”
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A thing that I think is under covered in the reporting is the financial engineering angle, by which my cell phone bill from 2030 gets turned into shares of Uber today.
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