Japanese investment titan SoftBank disclosed on Monday that it expects to take up to a $16.7 billion loss for the past year in its Vision Fund, a key backer of huge, growth-at-all-costs tech firms like WeWork and Uber. According to the Wall Street Journal, that likely means its investments are worth less now than when…
Monday, 13 April 2020
SoftBank's Vision Fund Not Feeling So Good, Will Take Nearly $17 Billion Hit Amid Pandemic
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment