Friday 22 May 2020

Internal feud at SoftBank casts doubt on Vision Fund

As SoftBank reports a loss of nearly $18 billion — the largest in its history — and prepares to sell off $42 billion in assets, a long-simmery internal feud is complicating matters further. The tensions arose in 2018 between Marcelo Claure, now SoftBank’s Chief Operating Officer, and the chief of Softbank’s Vision Fund, Rajeev Misra, when Claure was under consideration for the fund’s board and investment committee, Bloomberg reported. In doing due diligence for the



source https://therealdeal.com/2020/05/22/internal-feud-at-softbank-casts-doubt-on-vision-fund/

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