Displaying items by tag: vision fund
Friday, 03 May 2019 11:07
You Can Buy Into the Largest VC Fund Ever
(Los Angeles)
In what comes as a really eye-opening turn of events even for someone as outlandish as Masayoshi Son, SoftBank has announced a plan to IPO its $100 bn Vision Fund. The fund is already legendary, having invested $100bn in just two years in some of the world’s biggest startups. It currently holds positions in WeWork and Uber, for instance. Masayoshi Son is now raising for capital for another fund, so wants to access some liquidity from this first one, thus the plan to IPO.
FINSUM: This is a bonkers plan, but honestly, and interesting opportunity for investors to own pieces of some very exclusive private companies. This is like an early stage Berkshire Hathaway.
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Eq: Tech