Here's why SoftBank's $100 billion Vision Fund places bets on unprofitable tech companies

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Here's why SoftBank's $100 billion Vision Fund places bets on unprofitable tech companies
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A partner at SoftBank's Vision Fund gave some insight into how the tech-focused fund decides on what companies it invests in.

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SoftBank Vision Fund's Munish Varma explains the fund is "not too focused on when a company makes a profit," but on "whether the business makes sense."

It focuses predominately on growth-stage companies, Varma says, and those companies aren't in a rush to seek stock market listings any time soon. A partner at the company's $100 billion Vision Fund gave some insight Monday into how the tech-focused fund decides on what companies it invests in — and why making money isn't necessarily a deal breaker.

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