SoftBank in Silicon Valley reallllly disrupts the scene
Marketplace Tech
English - February 19, 2020 11:30 - 8 minutes - 11.8 MB - ★★★★★ - 1.2K ratingsTechnology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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SoftBank’s $100 billion Vision Fund started pumping a lot of money into the tech startup scene around 2018, but it has lost billions in recent months after the WeWork IPO disaster, disappointing returns from Uber, other SoftBank backed companies announcing layoffs or shut down. Now, SoftBank Group is apparently putting in billions of its own money to try to keep Vision Fund Two going. Molly Wood spoke with Paul Kedrosky from SK Ventures about what she called a burble in the startup economy.