Category: SoftBank’s

As its fundraising lags, SoftBank’s second Vision Fund could be near-sighted
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As its fundraising lags, SoftBank’s second Vision Fund could be near-sighted

SoftBank, the technology conglomerate that transformed the venture capital industry and made waves in the technology world with its $100 billion Vision Fund, may not be able to repeat the performance or sustain its revolutionary approach to tech investing, The Wall Street Journal reports. According to the Journal, SoftBank may only be able to raise…

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SoftBank’s Son Admits Terrible Judgment in $4.6 Billion Money Pit WeWork
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SoftBank’s Son Admits Terrible Judgment in $4.6 Billion Money Pit WeWork

SoftBank reported a quarterly loss amounting to billions of dollars for the first time in more than a decade. WeWork is not the only problematic investment SoftBank made recently. The investment group has prioritized fast growth over profits. SoftBank’s longtime strategy of inundating startups with cash hoping for a big payoff has been a spectacular…

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