SoftBank Crisis - Startup | Startup Info
SoftBank is a well-known name in India since 2014. The name has become so popular in India because of its aggressive investment in Indian Startups. Let's take a look at the rise and fall of the SoftBank. The Beginning SoftBank has started in 1981 by Masayoshi Son at the age of 24. SoftBank was in the business of computer parts at the beginning. Then it has shifted its business to publishing magazines and started publishing Technology & Computer magazines. Very soon SoftBank became the market leader of the Technology & Computer magazines. In 1994, SoftBank launched its IPO and the market valuation of SoftBank reached USD 3 bn. Soon by identifying the power of the Internet, SoftBank started to acquire and invest in Internet Companies and started many Internet Services. In 1996, SoftBank joined hands with Yahoo and launched Yahoo Japan which very soon became the most used search engine in Japan. Because of the dot com boom during 1996-2000, SoftBank shares su...