SoftBank funded startups and Covid effects

Interesting read - Link

We would have used/heard most of these startups WeWork, Oyo, Uber, Ola, etc. Everything is backed by SoftBank with good investments. With COVID effects their valuation will come down with the 'Shared' concept becoming 'Healthcare / Safety' threat for the near future. In the list of companies, there are Zero Companies in Healthcare, Research, AI, Education sector. 90% of them are in Travel, Hospitality. Vision is more of Short term gain and long term loss. It would be hard to see Tesla, SpaceX, SolarCity, Hyperloop any such game-changing companies coming out of SoftBank portfolio.

A bit more on the 'Shared' Concept. Bunch of startups came up with the strategy for shared mobility, low cost of ownership, etc

• Zoomcar
• OLA
• Uber
• Bounce
• Vogo
• Ridesharing apps

Often in OLA, Uber except for prime segment, very few %% of cabs are well maintained. The concept of personal hygiene, good vehicle quality, cleaning frequently comes with a cost. Will this crisis will teach everyone on more precautions for personal hygiene, better maintenance of commercial vehicles?

Behind tech layoffs lay systemic cash flow negative companies by @gonesgr https://t.co/nJgbqVYDjJ

— Siva (@sivaram2k10) June 1, 2020

Keep Thinking!!!