14-11-2019, 11:57 AM
(13-11-2019, 09:34 AM)gzbkel Wrote: The SoftBank Effect: How $100 Billion Left Workers in a Hole
SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents around the world.
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https://www.nytimes.com/2019/11/12/techn...rtups.html
Come to think of it. How much of the prosperity and growth of the economy is attributed to partly the boom from VC money (especially Softbank). To what extent has Softbank (or the Arabs) been financing our growth in the last few years and how will the growth be again when it stops?
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.