In what may be a reckoning for Masayoshi Son, Wall Street has started running from companies backed by SoftBank and its Vision Fund. The CEO of WeWork stepped down this week; Uber's stock has fallen nearly 30% from its May IPO price; and shares in Slack have tumbled more than 40% from their first day of trading in June
Masayoshi Son, the founder and chief executive of SoftBank Group, with President-elect Donald Trump in the lobby of Trump Tower, on Fifth Avenue in New York, Dec. 6, 2016. Son was one of the first corporate moguls to visit Trump, promising to invest $50 billion and create 50,000 jobs in the U.S, a pledged based on existing investments that were already planned. (Hilary Swift/The New York Times)
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