InvestorQ : How about investing in SoftBank’s vision fund the most prestigious tech fund?
Shreya Mashelkar made post

How about investing in SoftBank’s vision fund the most prestigious tech fund?

Answer
image
riya Ranade answered.
12 months ago
Follow

Originally intended to be the first in a string of funds run by SoftBank’s investment arm, the $100bn Saudi Arabia and Abu Dhabi-backed Vision Fund has been one of the most disruptive forces in venture capital and private investment since it launched in 2017. SoftBank Vision Fund is the “world’s largest technology-focused fund” with prominent start-up bets like ByteDance (Tick Tock), Flipkart, Unacademy, OYO Rooms, Uber, DoorDash, etc.

The Group’s founder and current CEO is Masayoshi Son, who founded the group in September 1981 at the age of 24. In May 2017 SoftBank and the Public Investment Fund of Saudi Arabia (PIF), partnered to create the SoftBank Vision Fund with an equity size of $93 billion. Softbank Group will contribute $28 billion to the investment fund. Saudi Arabia is thus the main investor in the fund: its Public Investment Fund (PIF) will inject $45 billion into the Vision Fund over 5 years, becoming its largest investor in terms of volume.

Other investors include Apple, Qualcomm, ARM, Foxconn, Sharp, Larry Ellison, and Mubadala. The SoftBank Vision Fund’s chosen target market investment sectors are typically hi-tech solutions; artificial intelligence, robotics, and the Internet of Things (IoT). These sectors align with those Masayoshi has typically pursued via the SoftBank Group Corp.

8 Views