SoftBank plans to double the size of the business unit managing its massive Vision Fund, going from 400 people up to 800

Vision Fund is known for infusing massive amounts of cash into startups like Uber and WeWork to help excellerate growth.

But the investment fund has growth plans of its own, according to one executive's remarks during the Milken Institue Global Conference on Monday. Rajeev Misra, the CEO behind the SoftBank Vision Fund, said the investment unit plans to double in size from 400 people to 800 people in the next 18 months.

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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
Fuente: CNBC - 🏆 12. / 72 Leer más »