Masayoshi Son’s Great Vision
It is difficult to miss a name that has invested Billions of dollars across startups globally, however there are some things about SoftBank that you may have missed – including the fact that it is not a bank but a Japanese conglomerate that was founded by Masayoshi Son during the 90’s.
Every time you hear about SoftBank making an investment, the writer is probably referring to the company’s Vision Fund, which is the world’s largest tech investment fund with a capital size of $100 Billion. The fund includes investments from UAE’s crown prince (The Oil Royalty), SoftBank Japan (Son’s company) & chump change from Apple & Foxconn.
SoftBank’s investment arm in UK (that manages the fund) is led by Son & CEO Rajeev Misra (an Alumnus of IIT Delhi), who are known to run a tight ship. Their focus has always been on identifying and creating market leaders.
In India, their investment portfolio includes angels like Delhivery, FirstCry, Grofers, OYO (their beloved), Paytm & Policy Bazaar – which declined a higher (more financially lucrative) offer from another investor simply because they preferred all that SoftBank brings to the table.
While 80% of the Vision Fund 1 has been invested, reports indicate that Son’s already planning stage 2, which would see the company raise $100 Billion (once again).