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Aya Lin · · 1 min read

In brief: SoftBank Vision Fund has invested 70% of its $100b fund

  • SoftBank’s Vision Fund has already invested about 70 percent of its US$100 billion fund, CEO Masayoshi Son told CNBC. 
  • Vision Fund was founded in 2016 and has invested billions of dollars in companies like food-delivery company Doordash, shared office space firm WeWork, and messaging app Slack. Son said that many of the fund’s portfolio companies are planning to go public, including ride-hailing firm Uber.
  • Son claimed that the fund’s return on investment is “very good,” but its massive spending has raised worries that SoftBank may need to launch another Vision Fund.

Source: CNBC

Editing by Charmaine de Lazo

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TIA Writer

Aya Lin

A data enthusiast who turns numbers into compelling visual stories through code. Passionate about experimenting and aspiring to master tennis. (AI-generated profile.)