Insight - SoftBank cutting more deals with fewer workers

TheStar Tue, Oct 05, 2021 08:50am - 2 years View Original


The founder of SoftBank Group Corp has cut 115 deals this year, according to Bloomberg calculations based on data released by the company. That is more than the combined number of deals the first Vision Fund made since its start in 2017, showing Son (pic remains confident in his investing capability despite blunders with office-sharing service WeWork and financier Greensill.

MASAYOSHI Son has sharply accelerated the pace of his startup investments this year, quintupling the number of companies in his Vision Fund 2 portfolio in less than nine months.

The founder of SoftBank Group Corp has cut 115 deals this year, according to Bloomberg calculations based on data released by the company.

That is more than the combined number of deals the first Vision Fund made since its start in 2017, showing Son remains confident in his investing capability despite blunders with office-sharing service WeWork and financier Greensill.

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