Masa Son on SoftBank's WeWork Investment
ฝัง
- เผยแพร่เมื่อ 7 มี.ค. 2019
- SoftBank CEO Masayoshi Son joins CNBC's David Faber to discuss the value of WeWork and why he sees it more than just a real estate company. They also look at SoftBank's valuation and debt. Son also states he's an Alibaba believer.
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WeWork is the real estate Theranos.
Write an article about this please
@Semaphore Smith Oh thanks! I'll look into it :)
@Semaphore Smith this is quite a lax way of writing but thank you for the article!
@Michael Abia .....worst then Theranos in financial terms...WeWork will loose billions
real estate tesla as well
Sometimes it doesn’t take much to hook a really big fish...Neumann hooked the excitable Masa in epic proportions...
I do my banking online. My bank is a tech company!
Lmaooo best 🤣🤣🤣🤣
This is nothing compared to Netflix or Facebook. When netflix’s customer base increases , their cost doesnt increase. The cost Pretty much remains the same for Netflix whether they have thousand customers, 100 thousand or a million.
With we work the more customers they have the more buildings they have to rent therefore the more their cost goes up. So If they cant make money now, How are they going to make money in the future
And here I thought the server cost would increase too
how they "could" make money, they have fixed long term leases, with inflation they should be able to increase their prices over time
Narek Begian Business term of the week: s-c-a-l-e
How about these investment in Netflix content? Billions spent on trash.
Netflix is screwed too but for different reasons. Exclusivity deals are going to kill streaming. Nobody is going to buy 10 different services.
It is not right to compare WeWork and Netflix. Netflix user subscribe digital products while WeWork has a real tangible estate which costs money for upkeep and maintenance while it’s value is depreciating.
Comedian of investing
It would be interesting to know his take on Regus and comparing it to WeWork
Let Masa invest his personal money and not just investor money.
Dear Mr. Son,
Money gone 💸
Regus actually MAKES money, is MUCH bigger and is valued at a billion dollars. Wework loses money and is much smaller but valued at 50 billion. Its ridiculous.
seems like you have a brain dead
Strong financial background of owner, Only. Just like teasla.
Yes because they already went through this period of acquiring a large customer base and started profiting years ago - WeWork is more than 20 years younger than Regus, so obviously they need more time to get to the level Regus is at and they will quickly surpass them afterwards
Good lord all these comments make me want to sell all my stocks and invest in gold. All you people are crazy, the current market is unreasonably overvalued beyond any rational comprehension. Why in gods name would you want to buy WeWork for $60 billion when it's only making $1.8 billion in revenue and LOSING $1.9 billion when you can buy Regus for $3 billion? And Regus generates $3 billion in revenue and makes $300 million per year.
WeWork was valued at USD47 billion because it has USD47 billion in office lease liabilities? Go figure.
"thank u for worrying about me..." lol
I love this man
Lol the precision of his time management
Wow
good interview …….
i love it , especially when he replayed ( thanks for worriying about me )
More like WeBroke.
When I buy into these types of second class shares, I value my EPS by voting rights. If I have a 1/1,000,000 voting right, then I figure I own 1/1,000,000 of the company and base EPS thereon. The losses are another story.
That theory pretty much goes out the window when the insider shares outvote you 10 to 1 as in this case.
This guy got screwed and so have all his investors.
Haha, guess there's always a greater fool, until some kid calls out the king has no clothes
Where are the variable costs??
We Worked
Like any investment, it could make or lose money. WeWork is NOT Netflix.
In my opinion he’s all about saving face at this point.
Carlos Rincon Japanese are just like Chinese, the Carlos Ghosn saga showed the whole world that, only difference is the perfume. Badly perfumed face 👌🏻
@@V0YAG3R he is a South Korean 😁
“Initial investment is just initial investment” lol with recurring Facebook revenues from subscriptions comes recurring expenses from IP/actors show directors, agencies etc, who are looking for their best price across the entire SVOD market. Good luck!
What he should do right now is prepare a possible candidates of successors. A successor should be able to take reins and manage once Masa Son decides to retire.
Perhaps, a list of young men, lady managers, outsiders, should fill the list of candidates.
Rajeev Misra is his successor.
Masayoshi Son is just so much above the crowd. Visionary
@C🤣🤣🤣🤣
This aged like milk
$0.23. Visionary indeed
@@AmazianLinsation82 better privated it
Lol to use Netflix as an example. Another example of a new company in an old business.
He def gonna get to invest more lol
My cafè isn't just cafè its tech company and lifestyle. It'a called "Eat Chill Work"
Masayoshi's gig is up
He probably actually thinks they are a Tech Company after visiting their spaces and no one actually told him what they actually do :D
SFB They have cubicles... and inside those cubicles they have computers, COMPUTERS! And computers mean tech, therefore WeWork is clearly a tech company. THE END
👌🏻
Companies going under now.
This guy is either delusional or knew it was a desperate attempt to pump the stock.
I wonder what Masa would say now if he watches this vid...
More great things about WeWork. He has 10 billion in it.
"Masa is the biggests risk taker" that is true. he lose a lot on 2000s and Wework. But sometimes i wonder whether it actually work, cuz he still gets rich. MEANWHILE, tons of fund manager who "diversified" keep making less than 10% and lose their clients money over the long run
Whoops!
É ver esse vídeo após um ano prova que esses investidores e ceos de startups não sabem de nada!
How much satisfaction and happiness are those employees having now?
Do you think if wework cuts back on cap ex they would be profitable?
NO!
That is investor point of view Mr Son, I have a property and I see you reducing expense by 40% to stay in business I will reduce by 41% until I run you out of town. If this does not work I will team with local tangent business to give customer turn key solution and I will run you out of town. Your model is .... Walmart of Landlord.
In pandemic we are laughing here.
Softbank invested a lot of their money on red doors. Red doors also screw up.
If WeWork start to use special kind of tech tool in their offices. what would you say folks? This mus be the next and Mr.Son is seeing that.
nararing3 except it is not his money but others money and he is just a fund manager who are push by a demand to create profit from thin air like WeWork
Lol. Masa took a huge L!
It’s funny watching this interview 6 months later. When’s this guy gonna get fired
He will never get fired, he is the decision maker!
12 months later with a quarantine is even funnier.
In this interview, Mr. Son sounds eerily similar to an old Korean business mogul (failed), Kim Woo-Jung. Big dream with no sound economics. The world will suffer greatly when his big, unrealistic dream fails, as Korea came to suffer from Kim Woo-Jing's failure a couple of decades ago.
Stats says there is a 30% reduction in productivity...
He makes running a $100bn fund look easy
We never learnt anything from the tech bubble and housing bubble. Different generation, Same story, same ending. None of these companies make a profit but once again they become darlings of the media and investors. The founders and management walk away with millions and the average worker is out of a job. This is just the start. This millennium generation has a hard fall ahead. Six figure starting salaries at startups cannot be sustained.
I don't think Netflix and Facebook are good comparisons.
Good for customers, bad for business.
Faber let him completely off the hook on WeWork. "Losses are just accounting." Uh Huh.
Masa is a risk investor. This kind of investor knows that they need to put their money in companies with potential. If they don't do it, soon or later, other "player" will do it. In 10 cases, 1 of these companies will become itself a Google. They know it and they accept the risk. WeWork was one of this cases. Masa betted and lost. But can you realize the huge frustration if he don't put his money on this, other investor comes and does and the company becomes a new Google? For this reason, investors like Masa invested a huge amount of money in companies like WeWork and they will keep doing it, forever. This is the world of risk investor.
I thought it was overvalued company?
BEERUS SAMA I did all the time, they didn't fool me. It was obvious they were just a real state company all along, renting office space to small companies and startups. Nothing TECH about such business at all.
Ridiculously overvalued too, just like many other noisy companies, even the likes of WhatsApp, which the equally psycho Zuckerberg, paid 20 billion dollars for 👌🏻
Oh shut up! Productivity in shared work spaces is low. Lower than private offices.
wewiork is a real estate company....why was he comparing it to online platforms?
How does anyone split their % 97/3 ????
@ 0:40:
- But right now they're losing money.
- Ooum, accounting wise [...] but it's a recurring revenue.
he's an idiot, sorry
It isn't though, but sure..
Most WeWork places does not provide parking space. People are not happy working in WeWork Space.
Highly leveraged. House of cards coming down soon.
Well lets ask him again after $9.2 billion write off, and Adam Neumann being investigated by NY AG for fraud.
"accounting wise" , that's why Masa is Masa, and the reporter, well...
Comment of the video !
3:45 Guys, he's not fruslated.
Oct 2019 - Well that didn't work. SoftBank just had to take over these pieces of crap.
SoftBank created these pieces of crap
@@kennethsouthard6042 Correct.
Now look at WeWork share price... from high of $14 per share and drop to 12 cents now? 😄
a genius
Inez Qtaish is writing" black lines drug fact XL glitter tan black lines
Is an éternan colar to march
Trying to unload his bags on the public ......lol
I can't wait for the next crash. All these new companies are so shit and unsustainable
One of the greatest investor of all time...:)
Now bankrupt.
さすが世界の孫正義社長の英語はパーフェクトですね。Good Iuck to you.
masa, what happen to we-work now?
are you really questioning him? he can buy your whole ancestors up to the chimps, multiple times..
Really? How is wework valued over 50 billion
he doesn't, he just throws money to discourage competition in this field.
Fat Guy It’s not his money it’s his investors money
It's better to have 100% cost reduction and work from your house.
If you or I lost billions they would have our asses in prison.
Wework is spending a bunch of money so they can establish international standing. There are synergies that exist from an international presence and it diversifies away risk from any particular countries real estate market crashing. Smart move if it pays off in the end. There's a lot of money to play around with in the markets so peoples willingness to throw money at gambles like this and tolerate the risk is there.
Yeah but - they lost a tremendous amount in asia and almost half their revenue comes from the USA.
A que don machachochichon
Theranos 2.0! 🤣🤣🤣🤣🤣
Masa low key loves Adam, he got sold and lost his analytical mind
In the WeCrashed series it was revealed that Masa only invested in WeWork cause he believed in Adam, not the company.
Masa son must be on weeds
Wonder if he still thinks the same
Yeah that one was a miss fam...
This is like listening to Jack Ma talk about AI in the open discussion with Elon Musk. The more he talks the more foolish he sounds.
both elon and jack are fools
@@mipmip5759 And Elon
The Power of Zen Both are pathological, manipulative psychopaths just like WeWork's Neumann and Elizabeth Holmes, only difference is that the first 3 know how to hustle their way in Wall Street👌🏻
This is equivalent to saying ronaldo is bad at soccer bc he didnt win one match. Touch grass 😂
Hating the fake expression by the journalist
WeWork will collapse
undervalued, below book value
you can't defend, don't fake
Financial Titanic story ... You can't have a super loose narc as CEO navigating ...
Jack Ma's Father
And masa's son
WeWork= Solindra.
"Masayoshi , você já conseguiu tudo que queria na vida, porém a vida te mostrará que você (Masayoshi) está correndo atrás do vento e que logo o medo de perder dinheiro te trará um câncer terrível, tão terrível que te matará , é só uma questão de tempo , pouco tempo ".........................
(Português)
he should go back to spend 97% in operations
Don't put all your eggs in one basket
he doesn't care, its not his money anyway, its just printed
This guy knows what he is talkin'
This did not age well.
he is a buyer lol
Sad the WW ceo is a prick, this guy seems to be solid.
Overvalued
Wework sure, not SoftBank
Summary : I fucked up
The end
Saved you time