Another one bites the dust
Seems to me that anyone who has significant investment from Soft Bank is going to have problems.
This from the New York Times: SoftBank’s critics said its investments have poisoned the ecosystem for young companies by encouraging founders to take excessive risks with little regard for building businesses that can last through the ups and downs of the economy.
Several of the companies having financial problems reported on in the Reg in recent days are or have been in receipt of Soft money.
Biting the hand that feeds IT
