They sold it in 2019, turning the 700mil investment into $3....
They sold it in 2019, turning the 700mil investment into $3.3b.
That stake would have 200x into this year and would have been work a staggering:
$168,000,000,000
The entire market cap of Softbank is worth $93b.
I am not sure there is any lesson here apart from holding good companies. They did hold their $Arm Holdings (ARM.US)$ stake which they bought just before the $NVIDIA (NVDA.US)$ buy.
Softbank owns 90% of ARM which gives it a major stake worth $100b+, however the buy was done at a higher valuation than $NVDA
That stake would have 200x into this year and would have been work a staggering:
$168,000,000,000
The entire market cap of Softbank is worth $93b.
I am not sure there is any lesson here apart from holding good companies. They did hold their $Arm Holdings (ARM.US)$ stake which they bought just before the $NVIDIA (NVDA.US)$ buy.
Softbank owns 90% of ARM which gives it a major stake worth $100b+, however the buy was done at a higher valuation than $NVDA
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
The Comeback Kid : ARM is grossly overvalued. I suspect their investor will push Softbank to unload those shares in the next few months. We shall see.
151364853 The Comeback Kid : Arm PE 530, so high
The Comeback Kid 151364853 : The P/Sales is above 50. Crazy.
Kokasaurus : Arm - the foundation of modern computers. It's severely undervalued