TOKYO — SoftBank Group CEO Masayoshi Son said Wednesday he made a "poor" decision investing in U.S. office sharing company WeWork at a $47 billion valuation, which led to the worst financial performance in the company's history.
Son nevertheless defended the $100 billion Vision Fund’s track record and said SoftBank’s shareholder value was at a record high, in a bullish show of confidence in his group’s overall strategy.
