Implode-o-Meter News - The Fall Of WeWork Has Destroyed The Last Pure Thing In Global Finance: Masayoshi Son's Profligate Whimsy

As we've said many times before, Son's pioneering work in private equity valuation pumping has made him an artist of finance, an abstract expressionist who can turn any balance sheet into a Jeff Koons sculpture: massive, shiny, colorful and illogically priced. Son has spent the better part of a decade fixing broken telecom giants,Â preparing for The Singularity, reshaping the role of private equity/venture capital, and slowly evolving into a generational financial titan who has fundamentally redrawn the perception of the notion of value.
Alibaba, Nvidia, Slack, SoFi, DoorDash, and Uber have all been the beneficiaries of Son's money, wisdom and unmatched ability to make the world believe they are actually worth vast sums of real money, despite the fact that many of them made no profit and were literally not worth anything except belief. Much of how we value the current IPO market comes from the seeds that Masa Son has sown.

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The Fall Of WeWork Has Destroyed The Last Pure Thing In Global Finance: Masayoshi Son's Profligate Whimsy