
Ep. 810: We Work and SoftBank and Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The We Work Guy
Softbank owns 30% of Alibaba. That $20 million investment is something north of a hundred and 20 billion today, a 300,000 percent return. Now with all of that extra capital, he takes stakes and things like we work. He goes for the next home run. The most aggressive venture capitalist slash trend follower that there is. This guy is balls to the wall,. A very traditional Jamie diamond at JP Morgan or some of the more traditional venture capital firms in Silicon Valley. It's hard to compete with him.
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