Scrutiny Over SoftBank's Mega Fund Could Impact VC Fund Raising And Deals
19 Feb 2019 1:53 PM GMT
Scrutiny over how and how much Softbank's Vision Fund is investing will likely impact venture fund raising and valuations for investments in emerging companies.
- In the venture capital world, bigger has been considered better, and the biggest is the SoftBank's Vision Fund of $100 billion.
- Under the leadership of Masayoshi Son of Japanese conglomerate and long-time tech investor SoftBank Group, the plan for the Vision Fund is to raise a new fund every couple of years and invest $50 billion a year.
- One concern is that the SoftBank mega fund would end up raising investment valuations at emerging companies that venture capitalists target.
- SoftBank's Vision Fund has funded WeWork and Uber at valuations in the unicorn-plus stratosphere.
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