Why Softbank Buying Fortress Investment Is a Big Deal

The transcript discusses Fortress Investment Group's journey from being the first private equity firm to go public in 2007, its struggles during the financial crisis, and the challenges it faced as a public company. It highlights the strategic move by SoftBank to acquire Fortress, allowing it to operate privately and focus on long-term investments. The acquisition is seen as a departure from SoftBank's usual tech strategy, offering potential growth opportunities for both parties.

What strategies might Fortress pursue now that they are no longer public?

Why might SoftBank be interested in investing in Fortress?