The biggest test of SoftBank founder Masayoshi Son’s audacious strategy starts tomorrow, when Uber goes public. A much bigger share of the Japanese company’s near-$100 billion in technology bets will soon join it and begin trading in the sometimes-unflattering public spotlight.
For now, SoftBank’s Vision Fund is celebrating a bumper year. The company said Thursday that the $97 billion fund, together with the smaller $6 billion Delta Fund, had generated $11 billion in operating profit—mostly paper gains—for the fiscal year...
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A scam......
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