SoftBank's founder compared himself to Jesus and Yoda. His tech fund lost a record $32 billion this year.
When the downturn was getting started, the SoftBank chief declared last year that he was going intoHis comment came after a pandemic software boom, which led to record profits for the company, went into reverse.
But even defensive mode hasn't stopped SoftBank from getting pummeled. In the good times of cheap money, the Japanese firm came to symbolize all the excess that the market is now doing its best to excise.
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