SoftBank’s plans to raise a $108 billion tech investment fund are struggling after the WeWork IPO disaster

SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for Vision Fund a second massive technology investment fund. The implosion of WeWork’s IPO and questions about its business model have dented Son’s reputation. SoftBank and the Vision Fund together poured more than $10 billion into the company, at a valuation as high as $47 billion in January. Visit Business Insider’s homepage for more stories.

Link: SoftBank’s plans to raise a $108 billion tech investment fund are struggling after the WeWork IPO disaster
via http://www.businessinsider.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s