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Asked a question 3 years ago

Is excess funds given by SoftBank to startups good?

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I think that its wrong to give excessive funds to startups. Lets take the example of OYO. Initially, it was a hotel aggregator then it moved towards a global expansion which was good but it also started expanding in sectors such as holiday planning, wedding business, event arrangement,their own townhouses in different cities, buying clubs, pubs and casinos etc. It worked as if it was a big organisation. Then it also started expanding in urban living which was another downfall. And this is the reason which has resulted in making headlines that OYO will be another Wework.