PB: SoftBank goes it alone on Vision Fund 2 as portfolio profits leap

PITCHBOOK reports:
SoftBank CEO Masayoshi Son seems to have a message for detractors: His strategy of backing billion-dollar startups is working, and the firm is happy to bankroll future investments on its own.
SoftBank has raised the size of Vision Fund 2 to $30 billion, up from $20 billion, and plans to continue self-funding the vehicle. The decision came Wednesday along with the company’s report of a net profit of 5 trillion …

The post PB: SoftBank goes it alone on Vision Fund 2 as portfolio profits leap appeared first on The Loadstar.

Source: The Loadstar

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