Brewing Chaos at the SoftBank Vision Fund as Virus Pandemic Causes Strain for Major Portfolio Companies
Posted on 03/18/2020
Japan-based SoftBank Group Corporation runs the massive Vision Fund which received major fund allocations from sovereign wealth funds like Saudi Arabia’s Public Investment Fund (PIF) and Abu Dhabi-based Mubadala Investment Company. Fast-forward in time, with the Wuhan coronavirus pandemic pushing the world economy into a recessionary tailspin, large private startups that have relied on flimsy […]
