4.4 • 3.6K Ratings
🗓️ 14 March 2022
⏱️ 39 minutes
🧾️ Download transcript
Watch the Apple Original series WeCrashed, starring Jared Leto and Anne Hathaway. Now streaming only on Apple TV+
Masayoshi Son, the head of Softbank’s Vision Fund, gives billions to WeWork. “Masa” has just one instruction for Adam Neumann: dream big. Adam and his company go on a spending spree. They buy up everything from companies to buildings to new homes. Big dreams can be a good thing—unless they cease to be tethered to any sense of reality.
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0:00.0 | Hey, Prime Members, you can listen to We Crash to add free on Amazon Music. |
0:04.9 | Download the app today. |
0:07.0 | Join Wondering Plus and Apple Podcasts or the Wondering App to binge all six episodes |
0:11.8 | of We Crash to the Director's Cut. |
0:14.4 | Add Free. |
0:15.4 | A quick note before we begin that this episode does contain some adult language. |
0:20.6 | Wondering Up |
0:23.4 | December 2016. |
0:28.4 | This side we work headquarters in New York. |
0:30.7 | Adam Newman was getting restless. |
0:32.9 | His guest was running late, but this guest was worth waiting for. |
0:37.5 | Like Kanye or Beyoncé, he was known by only one name, Masa. |
0:42.0 | Masa Yoshisan is CEO of SoftBank and also is credited with the most successful venture |
0:48.3 | investment in the history of business. |
0:50.2 | That investment Scott Galaway is talking about was Masa's gamble on Alibaba, a giant |
0:55.6 | company known as the Amazon of China. |
0:58.3 | He put $20 million based on sort of a gut instinct, if you will, which he's known for making |
1:03.7 | kind of snap decisions to trust his instincts, which ultimately became an investment worth |
1:08.3 | $100 billion. |
1:09.9 | Masa's instincts brought him a lot of new friends. |
1:13.9 | Investors from Saudi Arabia and the United Arab Emirates entrusted him with billions of |
1:17.6 | dollars. |
... |
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