Joi Ito: Live Door raided last night. Horiemon has been rubbing old-school Japan the wrong way by challenging the establishment with clever financing and takeover attempts of the media etc. I can see how he would get targeted. On the other hand Japanese companies like his tend to be sloppy so I wouldn’t be surprised if they find something. It would be unfortunate if they end up slapping Livedoor down since I think he was serving an important function in Japanese business and this looks like a typical set-up.