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SoftBank's Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly listed holdings in recent years https://t.co/A95Th2UGE7
VC fund performance is down sharply — but it may have already hit its lowest point https://t.co/mYSr4J1lyo
SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips. https://t.co/QQTFPhQOOQ
SoftBank's Vision Fund has significantly reduced its U.S. portfolio of publicly listed holdings, selling off or writing down approximately $29 billion in assets since the end of 2021. This strategic shift, led by Masayoshi Son, moves the fund's focus from traditional venture capital investments to sectors like artificial intelligence and semiconductors. The change has also resulted in a reduced staff, now primarily functioning as caretakers.