Was unsure of investing in Ola, CEO Son lives in future: Ex-Softbank exec
Debaroti Adhikary, Published on Sep 19th, 2024
Former Softbank executive Alok Sama said he was unsure about the group's investment in Ola in 2014, but billionaire CEO Masayoshi Son "had higher order of thinking". "Son lives in the future and in the future world, nobody owns cars...[Then] what would be the margins for a company like Ola?" he said. SoftBank valued Ola at $400 million in 2014.
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