SoftBank has abandoned plans to raise $108 billion for its second Vision Fund, after investments in WeWork and Uber have scared off potential investors. Instead, the Japanese technology conglomerate will seek to finance a smaller bridge fund on its own for the next couple of years, before building a second Vision Fund, founder and CEO Masayoshi Son said Wednesday, according to Bloomberg. “After a lot of reflecting, it seems right that the scale is somewhat
source https://therealdeal.com/2020/02/12/after-wework-debacle-v/
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