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His investment history would like a word with you:

https://en.wikipedia.org/wiki/SoftBank_Group

I don't think I've ever heard of someone "failing upwards" who's history starts with this:

SoftBank was founded in September 1981 as a SOFTBANK Corp. by then-24-year-old Masayoshi Son, originally as a software distributor. They went into the publishing business in May 1982 with the launches of the Oh! PC and Oh! MZ magazines, about NEC and Sharp computers respectively.[19] Oh!PC had a circulation of 140,000 copies by 1989.[20] It would go on to become Japan's largest publisher of computer and technology magazines and of trade shows.

In 1994 the company went public and was valued at $3 billion.[20] SoftBank agreed in September 1995 to purchase U.S.-based Ziff Davis publishing for $2.1 billion.[21]




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