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SoftBank Vision Fund faces $100 million loss on FTX investment - Silicon Valley Business Journal

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On the same day that FTX filed for bankruptcy, SoftBank revealed how much money it invested in the failing cryptocurrency exchange operator.

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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