Softbank ceo son says we welcome open feedback from shareholders
Ceo son says we welcome open feedback from shareholders.ceo son says i am softbank’s biggest shareholder so we are all in the same boat.ceo son says due to weak investment performance we have caused concern among potential investors in vision fund 2.ceo son says softbank has plenty of liquidity to make investments and when partners are more comfortable they can join us.ceo son says had discussions with elliott around 10 days to 2 weeks ago.ceo son says we are open to doing share buybacks in principal but we need to consider bond issuance when doing so.ceo son says we need to consider shuffling our directors and increasing number of independent directors.ceo son says we had been considering independent directors regardless of elliott proposals.ceo son says we would like to improve our transparency in principle.ceo son says not saying will never sell alibaba shares but need to consider many things.ceo son says believes alibaba momentum will continue so is in no hurry to sell alibaba shares.ceo son says is often told to sell alibaba shares but the value of the investment has continued to rise.ceo son says vision fund is still performing better than funds around the world.ceo son says wework, uber weighed on vision fund performance in q3 but valuations have rebounded since then.ceo son says doesn't known how many portfolio companies will ipo this year.ceo son says indian hotel platform oyo’s performance is steadily improving.
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