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SoftBank’s Massive Vision Fund Plans for a Sequel

Masayoshi Son, the CEO of SoftBank Group Corp. is known for his risk-loving unicorn hunting. Photo: VCG
Masayoshi Son, the CEO of SoftBank Group Corp. is known for his risk-loving unicorn hunting. Photo: VCG

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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