However, the details around Neumann's payoff were dramatically under-reported as the journal reports that Softbank will provide the former CEO with around $1.7 Billion as part of the deal (and extend a $500 million line of credit to the kabbalah follower).
How do you know it's the biggest bubble in history? This slide from Softbank pic.twitter.com/065dyDrwZW— zerohedge (@zerohedge) September 8, 2019
Additionally, Neumann is expected to sell about $1 billion of stock to Softbank (and will receive a $185 million consulting fee from the Japanese tech giant).
A consulting fee for what? How to sell a dollar for 50c?
We wonder just how the 2,000 or so staff facing layoffs as soon as this deal is inked will feel about this...