SoftBank Group CEO Masayoshi Son will invest his own money in Vision Fund 2, he revealed on Tuesday, to ensure he was exposed to the risks and returns of investing in the fund. Son said he planned to invest about $2.6 billion, funded in part by effectively borrowing against his stake in SoftBank, in the $40 billion Vision Fund 2. Son also revealed his company will take a wait-and-see approach...
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Hi, welcome to your Weekend! It’s peak out-of-office message season in Silicon Valley, and not just because of the Fourth of July weekend. Tech layoffs are popping off everywhere. Venture dealflow has slowed to a crawl. The economic headwinds are fierce and giving certain people super bad feelings. Plus, after two-plus years of pandemic-driven insanity, the people of tech may...
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