Meet the power players at the SoftBank Vision Fund, who are writing checks for billions of dollars and upending the technology business

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

SoftBank's Vision Fund is the world's largest tech investor and has backed companies like Uber, WeWork, and Ola.

The $100 billion is partly funded by SoftBank, with significant backing from Saudi Arabia's Public Investment Fund.. But the senior team is made up of a number of former investment bankers and technologists.Softbank's Vision Fund has set out to find the tech stars of tomorrow today.

Led by the billionaire Masayoshi Son, the $100 billion mega fund drew astonishment, acclaim, and scorn upon its launch in 2017. Doling out checks in increments of at least $100 million, it has amassed a sprawling and formidable portfolio of about 80 tech investments in AI, semiconductors, e-commerce, transportation, and healthcare.

Of those managing partners and partners, 29 are men, five are women, and 15 are former investment bankers or traders.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines