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SoftBank ditches $300M stake in dog walking startup Wag

7 pointsby blopeurover 5 years ago

1 comment

notlukeskyover 5 years ago
Could this brilliant move be to divert attention from the other investments like WeWork?<p>Wag the dog definition: To &#x27;wag the dog&#x27; means to purposely divert attention from what would otherwise be of greater importance, to something else of lesser significance. By doing so, the lesser-significant event is catapulted into the limelight, drowning proper attention to what was originally the more important issue.<p>Scott Galloway on SoftBank and real estate investments:<p><a href="https:&#x2F;&#x2F;www.profgalloway.com&#x2F;unicorn-feces" rel="nofollow">https:&#x2F;&#x2F;www.profgalloway.com&#x2F;unicorn-feces</a>