SoftBank cautions longer startup winter because unicorn founders are unwilling to cut valuations - TechCrunch

"Until the multiple of listed companies is lower than those of unlisted companies, we should wait," said Masayoshi Son of SoftBank, which posted a quarterly loss of $23 billion.

Masayoshi Son, founder and chief executive of SoftBank Group, which reported a quarterly loss of over $23 billion, is worried that the funding winter for startups may continue for longer. The 64-yea… [+3243 chars]

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