I can't speak to the numbers, but the values it espouses sound reasonable.
donkey_brains 7 hours ago [-]
Preposterous. Clearly the goose is full of golden eggs
sysguest 4 hours ago [-]
translation: goose has constipation
vavos 7 hours ago [-]
Goose value 0?
akomtu 7 hours ago [-]
ASI as Alien Slop Intelligence is already here. The next phase is hardening the slop, I suppose.
drumhead 4 hours ago [-]
The baffling thing is how SoftBank still hasn't gone under.
zipy124 3 hours ago [-]
Lucky bets that paid off enough to cover thousands of bad investments.
yen223 17 minutes ago [-]
That's the nature of most venture capital isn't it?
Downside is capped, upside is uncapped, why not bet on as many companies as you can?
burnermore 12 minutes ago [-]
Softbank is a codesmell. If u have worked for a Softbank startup, you'd know. I don't use any Softbank backed services. The employees are in extreme stress. Nothing good can come out of that environment than money printing for the big dogs.
JdeBP 5 hours ago [-]
One of Masayoshi Son's recent slideshows has been doing the rounds on the FediVerse this week. If you've seen people making odd comments about 'Goose was not valued.' or 'Goose value 71.' or 'eggs do not lay eggs' over the past few days then Son's 2026 presentation to shareholders is what they are going on about.
This is the context that a lot of us didn't have. Son has been doing this since 2010, the goose laying golden eggs going back to at least 2014, and the 2020 earnings report having a run of 23 slides of geese and eggs. Other weird things over the years have included dog telepathy and a representation of COVID-19 as flying unicorns jumping out of a ditch. As the Bloomberg people pointed out, this significantly came to the attention of the world outwith Japan, which largely boggled at some of the slideshows sans context, in 2019 and 2020. Part of the world is discovering this afresh in 2026.
Some of the criticism over the years has focussed not on the more oddball aspects of these slideshows, but on the stereotypical way in which the graphs with projections just suddenly make lines shoot upwards.
5 hours ago [-]
georgefrowny 4 hours ago [-]
They were right that economics is a dismal science, but to me these days it's not only about the ugly Moloch-like consequences, but also because these utter wierdos are in charge of it, and the medium of economic domination is a PowerPoint of nonsensical AI slop.
actionfromafar 3 hours ago [-]
True but these particular powerpoints predate AI slop by far.
Masayoshi Son for me has always been the best living example of survival bias. Got very lucky once, been taking terrible decisions ever since.
Zuckerberg is another great example.
piker 5 hours ago [-]
This makes no sense. Masa has at least 2 extraordinary investments and Zuck bought Insta for 1 billion USD.
camillomiller 4 hours ago [-]
And then spent 80 billion on the Metaverse, while actively making the world a worse place.
Masayoshi son has lost absolutely stupid amount of money on things like WeWork, which he deemed as revolutionary as "AGI", which he is still pushing as inevitable.
These are immensely stupid people, with a lot of capital and non-existen ability to self-reflect or care, both enormous advantages when you play a game that favors carelessness.
InsideOutSanta 1 hours ago [-]
It's like somebody winning the lottery once, constantly investing all of their money into more lottery tickets, and going "holy shit, look at how smart I am at picking lottery numbers; I've already won something four times!"
aetherson 9 hours ago [-]
I mean, he was pretty vindicated on Uber. Which kind of hurts me to say, I was a long time Uber bear. But it did indeed emerge from the pandemic stronger.
nmfisher 6 hours ago [-]
Quick Google suggests Uber is up 66% on its IPO price, but the S&P index is up 85% over the same time period. I think Softbank also sold out around 2022, so the return (vs IPO price) would have been even lower. Didn't check for stock splits etc but I don't think Uber was a home-run for Softbank at all.
conception 8 hours ago [-]
They also spent a ton of money to get an unchangeable law passed in their favor to bypass employment regulations.
lmm 7 hours ago [-]
> unchangeable law
WTF do you mean by this? Even constitutions can be amended, and if an odious law cannot be changed through politics then that only means it will be changed by other means.
returnInfinity 8 hours ago [-]
yeah I was a uber bear too, some how it has turned around
I was betting on the taxi drivers revolting, but the capital markets have prevailed
nl 7 hours ago [-]
In what country would taxi drivers revolt?
I think in most countries the drivers get paid by the taxi license holders and usually can make more money and/or more have more flexible working conditions driving for Uber.
Downside is capped, upside is uncapped, why not bet on as many companies as you can?
* https://discuss.systems/@dev/116807460725864716
This is the context that a lot of us didn't have. Son has been doing this since 2010, the goose laying golden eggs going back to at least 2014, and the 2020 earnings report having a run of 23 slides of geese and eggs. Other weird things over the years have included dog telepathy and a representation of COVID-19 as flying unicorns jumping out of a ditch. As the Bloomberg people pointed out, this significantly came to the attention of the world outwith Japan, which largely boggled at some of the slideshows sans context, in 2019 and 2020. Part of the world is discovering this afresh in 2026.
* https://vice.com/en/article/these-delusional-powerpoint-slid...
* https://trillium.substack.com/p/golden-geese-stirring-the-po...
* https://group.softbank/system/files/pdf/ir/presentations/202...
* https://group.softbank/media/Project/sbg/sbg/pdf/ir/presenta... (https://group.softbank/en/news/webcast/20100625_01_en)
Some of the criticism over the years has focussed not on the more oddball aspects of these slideshows, but on the stereotypical way in which the graphs with projections just suddenly make lines shoot upwards.
WTF do you mean by this? Even constitutions can be amended, and if an odious law cannot be changed through politics then that only means it will be changed by other means.
I was betting on the taxi drivers revolting, but the capital markets have prevailed
I think in most countries the drivers get paid by the taxi license holders and usually can make more money and/or more have more flexible working conditions driving for Uber.
See eg https://www.statista.com/chart/6971/fare-deal-taxi-drivers-e...
Germany.
Capital Markets found in favor of giant corporation Uber instead of giant corporation Cabcharge.