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My belief is that we should never become overconfident.
Yahoo was Jerry Yang's baby. He did a great job creating the baby. Unfortunately, some of the key executives after the foundation of the company couldn't keep up with the technology innovation of the industry. They thought that Yahoo should become a media company.
In the early stages of Internet in Japan, many said that Japanese and Americans are different. There are 10 reasons why Japanese Internet is not taking off. I said none of them are right; it's just a time lag. And, of course, Japanese Internet took off.
It would take enormous expertise for Amazon to win in every category. Do you think McDonald's could be number one in hamburgers, seafood, and Chinese food?
My philosophy is that the digital revolution will make mankind happier and more productive, and that won't change over the next 300 years. If you don't stick to that original philosophy, even perfect control of a bunch of companies isn't going to do you any good.
I try to look in the future and think backwards. That is when I am at my most comfortable. Because then I am just like the movie, 'Back to the Future.'
I believe the continually advancing Information Revolution will lend us the wisdom and strength to address humanity's previously unsolvable problems and help us make a positive impact on all of society.
Just believe in the future and direction of the capability that ARM has. Go deep and build a better future, both for the company and for its contribution to the industry. That's what I want ARM to do: invest more the future.
Every street light will be interconnected to the Internet because we can save when car is not passing. Automobile will all be connected, so driverless car much safer.
Traditional companies have to start looking into themselves to offer more opportunities in their companies by starting new subsidiaries and joint ventures.
I think I became an entrepreneur because I have my way of doing business... to do that, you have to have your own company. But if you have your own company, you're an outsider in the Japanese business world. It's difficult. But that's life.
Just like I gave Jack Ma and Alibaba the luxury of staying private for longer, I am now giving Arm the gift of being private. My only message to them now is take my investment and let's go, go, go.
All human beings are the same. In the United States, people come from all over the world, all races, all backgrounds. And they're all doing what they want, many scoring huge successes. When I saw that, I became more open. It freed my soul.
I started Softbank in 1981, a year and a half after I came back from the United States, after graduating from Berkeley. I wanted to start my own company when I came back to Japan.
Being educated in the United States gave me a good understanding of American culture. I think I got a lot of influence from the entrepreneurial mind in the United States.
My original intent for investing into Sprint - the main strategy was to buy Sprint and T-Mobile at the same time, so we'd have a critical mass to fight against AT&T and Verizon. The U.S. government didn't accept that. They rejected it. So my fundamental strategy was broken.
The energy in Silicon Valley is because of the very talented engineers immigrating from around the world, especially Indians and Chinese. They are the best engineers, and Japan doesn't have enough of them.
We saw a big bang in PCs; we saw a big bang in the Internet. I believe the next big bang is going to be even bigger. To be ready for that, we need to set the foundation, and that foundation is SoftBank Vision Fund.