SoftBank Considers IPO for $100 Billion Vision Fund

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

SoftBank is considering an IPO of its $100 billion investment fund and starting a second fund, as it looks to seize on an exploding startup scene

SoftBank Group Corp. is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size, as it looks to seize on an exploding startup scene, people familiar with the matter said.

More immediately, SoftBank is negotiating with the sultanate of Oman for an investment of several billion dollars in its existing $100 billion Vision Fund, which raised nearly all its cash from Saudi Arabia and Abu Dhabi, the people said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If this is a good news for shareholders of SoftBank stocks, is this an Otoshi-Dama(New Year's gift)? 'cause It's kinda New Year season now in Japan just after the new era(the brand-new Emperor Naruhito) has come.

One of the most corrupt banks on the planet

Does the vision fund find winners or create them? 🤔

BehereBaba SumneshSalodkar

The Impaired Vision Fund

They don’t invest in Vision. They invest when companies are just about a sure thing.

.. MJ mlm. Mlm Mlm. Mlm . .. mlm. Mlm Mlm ... M , Mlm. Mlm .. . Mlm Mlm mlm. Mlm Mlm.. . . M MJ M

Amazing. Buy sh*t no one has access to at highly inflated prices. Then dump it on retail. Wow.

Lol

Last year Soft Bank wanted to invest 200 billion in solar energy in Saudi Arabia. Nothing has come of it.

Everybody wants to cash in before the bubble bursts.....We can all see Wall street is flooded with stupid money

Cashing in before market implodes?

This seems like a bad investment. Sounds like an exit strategy for current investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

21 Ways To Earn $100 Every Day OnlineHere are 21 ways you can start earning $100 a day taking advantage of online business. Blah
Source: Forbes - 🏆 394. / 53 Read more »

21 Ways To Earn $100 Every Day OnlineHere are 21 ways you can start earning $100 a day taking advantage of online business.
Source: Forbes - 🏆 394. / 53 Read more »

Here's why SoftBank's $100 billion Vision Fund places bets on unprofitable tech companiesA partner at SoftBank's Vision Fund gave some insight into how the tech-focused fund decides on what companies it invests in. MathBasedAlerts The greater fool
Source: CNBC - 🏆 12. / 72 Read more »

Toyota to invest $100 million in self-driving and robotic technology start-upsToyota Motor plans to invest millions in businesses that specialize in autonomous transportation in the automaker's most recent push to step into the self-driving market.
Source: CNBC - 🏆 12. / 72 Read more »