Value investing: A pedestrian wearing a protective mask walks past a signage for SoftBank in Tokyo. SoftBank had offered to buy Optim but its founder declined. — Bloomberg
TOKYO: At 23, Shunji Sugaya had what he calls a “life-changing episode”.
It was March 2000, and Sugaya had just won an award at a business contest where Masayoshi Son, the founder of what was then called SoftBank Corp, was a judge. He sent Son an email to thank him, the two met up, and before long SoftBank offered to buy Sugaya’s idea for US$2.8mil, or for Sugaya to join the company and receive stock options.
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