SoftBank’s Masayoshi Son says he was ‘so stupid’ to miss funding Amazon because of lack of money

Before Jeff Bezos took his company Amazon.com public back in 1997, SoftBank’s Founder and Chief Executive Masayoshi Son had an opportunity to become an early investor in now e-commerce behemoth. However, he couldn’t become one because he simply didn’t have enough money back then. “I am so stupid. Don’t embarrass me. I am so much regretting (about it in) my life,” Son said in an interview at The New York Times’ Dealbook conference earlier this week. Son had met Bezos before Amazon’s IPO and the two had also “almost” agreed for investment. While Son had offered $100 million in exchange for a 30 per cent equity stake, Bezos insisted on $130 million. Son had also seemingly agreed upon the $350 million valuation up from $300 million that he offered to Bezos.