The Japan Times
Investigators have determined that eFishery is in far worse shape than they previously thought, and that investors such as SoftBank are likely to get back less than 10 cents for every dollar they invested. https://www.japantimes.co.jp/business/2025/02/24/companies/efishery-investor-wipeout/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #efishery #indonesia #startups #investments
SoftBank among eFishery investors facing near wipeout

Investors in the startup, which deploys feeders to fish and shrimp farmers in Indonesia, are likely to get back less than 10 cents for every dollar they invested.

The Japan Times
Feb 24, 2025 at 3:08pmBuffer
Show threadmosttoastFeb 24, 2025
@thejapantimes where the fuck does softbank keep getting all of this money it's losing? Every year is another headline about a staggering L on Softbank's dime.