Comment on SoftBank is suing portfolio company IRL after it admitted 95% of its users were fake. VCs are stressing the need for ‘uncomfortable’ due diligence
Just to clarify, SoftBank is not a bank.
Just to clarify: a “commercial bank” is like Bank of America, or Wells Fargo.
An “investment bank” is like… Softbank. They pool money together of the rich and they all make massive bets on companies with their pooled money.
That just makes it worse and totally deserved.
“You had one fucking job!”
Yeah, they make Link Amps
dragontamer@lemmy.world 10 months ago
Just to clarify: a “commercial bank” is like Bank of America, or Wells Fargo.
An “investment bank” is like… Softbank. They pool money together of the rich and they all make massive bets on companies with their pooled money.
dust_accelerator@discuss.tchncs.de 10 months ago
That just makes it worse and totally deserved.
“You had one fucking job!”