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This does not surprise me at all.

I worked at a company once where the ceo was enamored by Masayoshi (who had also invested in our company). He asked me to help him with a presentation he was going to give to masayoshi as part of some kind of competition to be his protege or something.

I remember thinking the whole thing was strange: why was the CEO spending his and my time on a personal competition instead of growing the company, but what did I know, it was literally my first few months in the tech industry. So I did my duty, got a thanks, and the CEO left the company a month later to parts unknown.

Him and masayoshi were hype men, and the latter is obviously good at it. But now we will see if he is great - it’s one thing to hype with unknown track record, it’s another thing to hype when you have some large losses.



Masayoshi has actually had a known track-record since about 2000 or so. He's been the man who's lost the most money in history since about the same. Seventy-billion dollars!




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