Category: SoftBank

SoftBank reportedly preps a package to take control of WeWork parent company
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SoftBank reportedly preps a package to take control of WeWork parent company

SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a  bid that would save WeWork parent company We Co., just weeks before the co-working real estate company’s imminent collapse, The Wall Street Journal reports. With the collapse of the company’s planned initial public offering, We Co. is facing a cash…

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VC Brad Feld on WeWork, SoftBank, and why venture firms may have to slow down their pacing in 2020
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VC Brad Feld on WeWork, SoftBank, and why venture firms may have to slow down their pacing in 2020

Yesterday, we had a chance to talk with longtime venture investor Brad Feld of Foundry Group, whose book “Venture Deals” was recently republished for the fourth time for good reason. It’s a storehouse of knowledge, from how venture funds really work to term sheet terms, from negotiation tactics to how to choose (and pay for)…

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SoftBank Doubles Down on Its WeWork Loss – CCN.com
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SoftBank Doubles Down on Its WeWork Loss – CCN.com

SoftBank has been forced to buy into the WeWork IPO as the only way to average down its initial losing investment. | Credit: Reuters Legendary investment firm SoftBank, which was once but a Japanese telecom provider, plans to plow another $750 million into the WeWork IPO, according to a report in The Wall Street Journal.…

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SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn
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SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn

SoftBank Group announced today that it will launch its second Vision Fund with participation from Apple, Foxconn, Microsoft and other tech companies and investors. Called the Vision Fund 2, the fund will focus on AI-based technology. SoftBank said the fund’s capital has reached about $108 billion, based on memoranda of understandings. SoftBank Group’s own investment…

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