SoftBank's investment in FTX accounted for 1.3% of the assets of its two Vision Funds, Goto said, according to The Journal. The decline in its stake adds to the company's recent investment losses. Of the nearly $50 billion its Vision Fund 2 has invested, SoftBank reported investment losses of $14 billion Friday, the Journal reported.
, Founders Fund and Tarsadia also participated.Los Altos Hills, $23.5 million: OpenAI led the round for this developer of a collaborative note-taking app.Mountain View, $18 million: Battery Ventures led the Series A round for this provider of software that imports data from corporate apps and databases into Google Sheets. Foundation Capital and S28 Capital also invested.
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SoftBank Vision Fund faces $100 million loss on FTX investment - San Francisco Business TimesOn the same day that FTX filed for bankruptcy, SoftBank revealed how much money it invested in the failing cryptocurrency exchange operator.
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FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law EnforcementNew FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports FTX_Official cheyenneligon “Hack” 😒 FTX_Official cheyenneligon Fraud ftx 😭😭😭😭 i lost everything in my life FTX_Official cheyenneligon
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FTX's U.S. business is in troubleFTX US is separate from FTX, but its fate is likely to be equal.
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Softbank discloses $100 million investment in FTX but mostly avoids crypto betsSoftbank said its investment in FTX amounts to a 'minor' stake in the $100 billion Softbank Vision Fund. Haha these guys are the same ones that don’t want us to get on exchanges and buy crypto while they make an investment in the exchanges 😭 IAmDonnieAzoff You can’t have a major money loss situation without seing SoftBank around
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