— the firm's CEO — estimates that the majority of such companies have inquired at some point. He says SoftBank usually take two meetings a day with potential suitors.is the world's biggest venture fund, with a massive $100 billion under management and has roughly 80 portfolio companies at a given time. Once it's invested, portfolio companies are treated like royalty, lavished with capital that will continue flowing as long as they keep growing.
In other words, the fund is giving a leg up to promising businesses that can't achieve proper scale themselves. He continued:"It's across many industries, and the fundamental theme is that they're matching granular suppliers of products that are too small to have the scale and capital to invest in technology.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »