SoftBank's stake in Alibaba is arguably one of the most fabled tech investments of all time. The telecom giant is unwinding it in a massive way and will sell nearly $30 billion of its stake in this business in 2022. Bill Mann: SoftBank, which was run by a very young guy at the time named Maslioshi Son, had traditionally been in tech as a tech investor.
Buzzfeed was in a rough spot even before the ad market softened.
(00:21) Dylan Lewis discusses: - The shuttering of Buzzfeed News, the award-winning journalism part of Buzzfeed's business - What the ripple effects are for all investors (not just Buzzfeed shareholders) - Why he's looking forward to hearing from Meta Platforms' management this earnings season
(10:55) Dylan talks with Bill Mann about Softbank's early investment in Alibaba and the takeaway for investors.
Companies discussed: BZFD, META, BABA
Host: Chris Hill Guests: Dylan Lewis, Bill Mann Producer: Ricky Mulvey Engineer: Dan Boyd
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