In 2022, with the global technology stocks plummeting and the yen depreciating, fund investment returns continue to deteriorate, and SoftBank Group's liquidity demands are rising. Considering the higher valuation, Arm will face the choice of the United Kingdom and the United States when it goes public. Where will Arm go? Tim Ghiriskey, portfolio customizer for management institutions or private clients. Founder of TheSolarisGroupLLC and GhriskeyCapitalPartners.