SoftBank and its $100 billion Illusion Fund have been spending billions of dollars around Silicon Valley, helping start-ups delay their IPOs, but is this game working?
One of the company’s biggest investments, Uber, had disappointing results on its first day of trading at the NYSE, trading below its commencing public offering price of $45. Does that mean SoftBank is to blame?
In this week’s episode of Fortt Knox, CNBC’s Jon Fortt in behalf ofs with New York Times reporter Mike Isaac, author of the upcoming book “Super Pumped: The Battle for Uber.”