2 things. If the market crashes Softbank have enough money to ride it out and they are investing heavily in things that will become seamlessly embedded in every day life.
Only thing I could find about Softbank and paradise papers is a few lines in a NHK world article [1]:
> Telecom giant Softbank Group set up a business entity based in the Cayman Islands to operate an investment fund four years ago. The name of the company's CEO, Masayoshi Son, was mentioned in one of the documents.
> Softbank says it registered the investment fund there to avoid dual taxation for its investors.
While suspicious, this seems like too little evidence to support a broad statement such as "softbank is the acceptable face of dodgy money".
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[ 4.1 ms ] story [ 41.4 ms ] threadhttps://www.bloomberg.com/news/articles/2017-10-11/how-softb...
So, I wonder if everyone who is following Softbank's lead will have the iron stomach to take those kind of losses, if market crashes.
> Telecom giant Softbank Group set up a business entity based in the Cayman Islands to operate an investment fund four years ago. The name of the company's CEO, Masayoshi Son, was mentioned in one of the documents.
> Softbank says it registered the investment fund there to avoid dual taxation for its investors.
While suspicious, this seems like too little evidence to support a broad statement such as "softbank is the acceptable face of dodgy money".
[1]https://www3.nhk.or.jp/nhkworld/nhknewsline/backstories/bign...