SoftBank Vision fund has halted investing hundreds of millions of dollars in several startups after submitting term sheets and promising that delays were related to process and would be short, Axios reports. Axios lists two startups where deals have fallen through after delays and one in which a first deal was wrecked by the delays, even though negotiations about a Vision Fund investment are...
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SoftBank Confounds Startups With Delays and Investment Reversals
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A Long, Strange Trip for the ‘Uber for Nurses’
Will Patterson was on a hot streak. As the co-founder and CEO of CareRev—a gig-work platform sometimes described as an “Uber for nurses”—he saw his company’s business surge during the pandemic as hospitals and clinics scrambled to find healthcare workers. In late 2020, he seized the moment by pitching investors over Zoom about his vision for marrying technology and...
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