SoftBank is this cycle's subprime mortgage crisis. WeWork is a Bear Stearns hedge fund. Founder super voting rights are liar loans. Private valuations are triple A rated tranches.

Just like back then, everybody can see it coming but the market refuses to connect the dots. Yet.

Sign in to participate in the conversation

Clean, civil, clueful Mastodon instance for easyDNS members, techies and weirdos. SPAM BOTS WILL BE SUSPENDED