SOFTBANK’s FOUNDER MISSED OUT ON A BIG AMAZON STAKE THAT COULD BE WORTH $260 BILLION TODAY

Softbank’s founder Masayoshi Son missed out on a big Amazon stake that would be worth about $260 billion today.

Here’s what happened: Son had the chance to own a stake in Amazon.com Inc. but there was a problem.

He was close to striking the deal to acquire 30% of the e-commerce pioneer with Jeff Bezos in its early years. Son offered $100 million but Bezos insisted on $130 million .

The Problem: Son just didn’t have enough cash.



Author: Bigwig Fx
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