SoftBank’s Massive Vision Fund Plans for a Sequel
The world's biggest technology fund is getting even bigger.
Masayoshi Son, the CEO of SoftBank Group Corp., disclosed Tuesday that his $100 billion Vision Fund will soon launch a second fund.
Son didn’t give a specific timeline, but the Japanese entrepreneur said at a forum in Tokyo that the Vision Fund 2.0 would come “sometime in the near future.”
Son has held preliminary discussions with investors about committing to a second fund as early as 2019, according to Bloomberg, citing people close to the talks. The people said the planned fund would most likely draw a wider pool of investors than the first one and is likely to be similar in size.
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