In 2019, SoftBank sold their NVIDIA stakes for $3 billion and put it all into WeWork.
NVIDIA is now worth $5 trillion. WeWork is bankrupt.
That one decision cost them $245 billion.
The worst trade in history.
And it wasn't even stupid… it actually made sense.
This is the story of the $100 billion fund that changed how money, startups, and investing work forever… And why we're still living with the consequences today.
Visual Courtesy: • The $47 Billion Cult
LinkedIn: / gabrieljarrosson
X: https://x.com/GJarrosson
Substack: https://substack.com/@lobstercap
TIMESTAMPS:
0:00 – The worst trade in history
1:37 – Why Normal VC Math Breaks at $100 Billion
4:39 – CAPITAL AS WEAPON; The Blitzscaling Playbook
6:56 – THE WEWORK DISASTER
9:51 – OTHER FAILURES
11:43 – HOW IT CHANGED VENTURE
14:33 – DID IT WORK?
15:54 – OUTRO
#venturecapital #SoftBank #VentureCapital #NVIDIA #WeWork #StartupFunding #Investing #MasayoshiSon #TechInvesting #VC #Startups #MoneyExplained #FinanceHistory #Blitzscaling #AIFunding #HowMoneyWorks