After WeWork debacle, SoftBank boss Son to adopt cautious IPO course

After WeWork debacle, SoftBank boss Son to adopt cautious IPO course

SoftBank Group CEO Masayoshi Son speaks at Future Investment Initiative 2019. Photo: Future Investment Initiative

Fresh from the WeWork debacle, SoftBank CEO Masayoshi Son says he now aims to be more cautious about the timings of IPOs, a shift that could squeeze the Japanese company’s funding and increase its reliance on its lower-growth telecom business.

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