SoftBank is looking at starting a second version of its $100 billion Vision Fund, even as skeptics question how the company can wisely invest all of the money in its first fund.
Bloomberg reports that Masayoshi Son has already had early talks with potential investors. Mr. Son was quoted in the story saying Vision Fund 2 is just a matter of time.
The first fund has already spent some $45 billion of the first Vision Fund, according to Bloomberg. And it’s had a huge impact on global tech, including spurring other investors to raise billion-dollar funds to compete with his oversized checks.
There’s a lot that’s unusual about the fund, beyond just its enormous size. But perhaps the most unusual thing is Mr. Son himself. To explain his investment philosophy, he evoked Stars Wars, according to Bloomberg.
“Yoda says use the force,” he said. “Don’t think, just feel it.”