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SoftBank’s Son Scales Back $108 Billion Vision Fund 2 Ambitions

By
Juro Osawa
· · Source: The Information

SoftBank CEO Masayoshi Son said on Wednesday he may temporarily put on hold his previous plans to raise a $108 billion Vision Fund 2, a follow-up to the company’s existing $100 billion Vision Fund. Instead, SoftBank is considering raising a smaller fund to finance its investments, Son said at a news conference in Tokyo. If the smaller fund performs well and lives up to investors’ expectations,...

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