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i figured the opposite might start happening with Softbank's gigantic fund coming online. But I guess if they're going to go after late-stage "winners" and tha
by jgh 9y ago
i figured the opposite might start happening with Softbank's gigantic fund coming online. But I guess if they're going to go after late-stage "winners" and that's how everyone else is going, then maybe tech startups will have to start thinking about starting business the traditional way.
- ProAm 9y agoI would view Softbank as more of a holding company than a VC investor. They do make some speculative investments but it seems more of their investments are in industry specific established companies.
- hkmurakami 9y agoThere's a cap on governance that these funds can do, no matter what the size (ex: 10 companies per parnter, or whatever the standard is). So if SB has a $100B Fund, that predisposes them to very late stage deals. In fact their deals will look more like PE than VC.
- stevenj 9y agoI believe at least 50% of SoftBank's $100 billion Vision Fund is dependent upon Saudi Arabia, which recently arrested several prominent businessmen and investors that were integral to securing the deal. As far as I know, the status of Saudi Arabia's $50 billion investment into the Vision Fund is uncertain right now due to the arrests.