Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> overall the company seems still to be in good shape

One, that article [1] precedes the WeWork debacle.

Two, it refers to SoftBank Corp., a conglomerate that also holds a large stake in Alibaba. Nobody doubts SoftBank Corp’s solvency. Its Vision Fund is the dubious foray, to which the Corp is insufficiently exposed to be tanked by.

[1] https://www.japantimes.co.jp/news/2019/08/07/business/corpor...



I'm under the impression that Kyle Bass and a lot of other investors think Alibaba and Ten Cent could be cooking their books. Is this not true?


It’s possible, but it’s important to note Kyle Bass has been short China for a very long time and has been spreading FUD (true or not) since 2008.


It's China so they must be cooking their books to keep their Chinese Communist Party partners happy.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: