Thread by @BJMbraun, Personally I find SoftBank's performance art increasingly heavy-handed. But the name is [...]

Personally I find SoftBank's performance art increasingly heavy-handed. But the name is still brilliant and the commitment to exposing venture capitalism in ever new ways deserves respect. https://www.wsj.com/articles/softbank-is-funding-every-side-of-latin-americas-bruising-startup-battle-11580398900?shareToken=st81d87d61c84b4dbfaa3ff6c8d4a4574d

SoftBank Is Funding Every Side of a Bruising Startup Battle

Money from the Japanese tech investor is fueling a price war in Latin America between three of its own: Uber, Didi and Rappi. Former managers say they were frequently baffled by the amount of money...

https://www.wsj.com/articles/softbank-is-funding-every-side-of-latin-americas-bruising-startup-battle-11580398900?shareToken=st81d87d61c84b4dbfaa3ff6c8d4a4574d

SoftBank as performance art, #2: Here the artists add a nice touch to illustrate the matryoshka-doll nature of asset manager capitalism https://www.ft.com/content/93e777cc-491a-11ea-aeb3-955839e06441

Hedge fund Elliott builds $2.5bn SoftBank stake

SoftBank shares jump 7 per cent after activist presses Masayoshi Son for changes at Japanese group

https://www.ft.com/content/93e777cc-491a-11ea-aeb3-955839e06441

SoftBank as performance art #3: "has quietly poured more than $500m into Credit Suisse investment funds that in turn made big bets on the debt of struggling start-ups backed by the ... Vision Fund."

Also in this episode: First appearance of David Cameron. https://www.ft.com/content/6995af3b-5f66-4e1b-9143-1e9daccfc9b4

SoftBank invests in Credit Suisse funds that finance its technology bets

Japanese conglomerate engages in circular flow of financing to Vision Fund start-ups

https://www.ft.com/content/6995af3b-5f66-4e1b-9143-1e9daccfc9b4

#SoftBankAsPerformanceArt # 4: Calling the art "increasingly heavy handed" back in January was ... premature. https://www.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2

SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally

Japanese conglomerate has been snapping up options in huge amounts over past month

https://www.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2

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