Matsuyama played down the impact on startups of the slide in shares of Hikari and Softbank, both of which are known for their active investment in Web startups. He said the fall mainly hit the relatively small number of startups already listed. Even if Hikari went under, that would only mean its stake in the startup will move to another investor. Matsuyama also dismissed criticism that Japanese Web startups were becoming the target of a money game by drawing far more funds than they needed. Money is not our target.
Startups here are in a learning period.
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