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SFTBY / SoftBank Vision Fund loses $32 billion in a year on startups valuation cut

SoftBank Vision Fund loses $32 billion in a year on startups valuation cut
SoftBank Vision Fund lost $32 billion in the financial year ending March as the Japanese investment giant, the most prolific global investor in tech startups, suffers from the valuation corrections across its private and public tech backings amid weakening global economy. Read More
Posted: May 11 2023, 03:06
Author Name: TechCrunch
Views: 110547

SFTBY News  

Nvidia, Softbank announce generative AI collaboration

By Yahoo Finance
May 30, 2023

Nvidia, Softbank announce generative AI collaboration

Jefferies Managing Director Atul Goyal joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss Softbank's announcement of its generativ more_horizontal

SoftBank questions S&P's decision to push credit rating further into 'junk' territory

By Proactive Investors
May 24, 2023

SoftBank questions S&P's decision to push credit rating further into 'junk' territory

SoftBank has pushed back against S&P Global Ratings' decision to plunge its long-term credit rating deeper into junk territory on Tuesday, calling ou more_horizontal

SoftBank Sells Fortress Stake to Mubadala, Management Team

By Bloomberg Markets and Finance
May 22, 2023

SoftBank Sells Fortress Stake to Mubadala, Management Team

Japanese conglomerate SoftBank Group Corp. has agreed to sell the majority of its stake in Fortress Investment Group to Abu Dhabi sovereign wealth fun more_horizontal

SoftBank Investment Advisers exploring structured credit fund - source

By Reuters
May 22, 2023

SoftBank Investment Advisers exploring structured credit fund - source

SoftBank Investment Advisers, which manages Vision Fund, is exploring starting a structured credit fund seeking mid-teens return to give tech startups more_horizontal

SoftBank's Vision Fund suffers record losses, shares decline as tech investor faces setbacks

By Proactive Investors
May 12, 2023

SoftBank's Vision Fund suffers record losses, shares decline as tech investor faces setbacks

Japanese tech investor SoftBank saw a decline in its shares following the announcement of a record loss at its Vision Fund tech investment unit. SoftB more_horizontal

SoftBank shares drop after its Vision Fund tech investment unit posts a $32 billion record loss

By CNBC
May 12, 2023

SoftBank shares drop after its Vision Fund tech investment unit posts a $32 billion record loss

SoftBank's Vision Fund segment lost a record 4.3 trillion Japanese yen ($32 billion) for its fiscal year ending Mar. 31. more_horizontal

SoftBank Group Corp. (SFTBY) Q4 2023 Earnings Call Transcript

By Seeking Alpha
May 12, 2023

SoftBank Group Corp. (SFTBY) Q4 2023 Earnings Call Transcript

SoftBank Group Corp. (OTCPK:SFTBY) Q4 2023 Earnings Conference Call May 11, 2023 3:30 AM ET Company Participants Yoshimitsu Goto - Board Director and more_horizontal

SoftBank's Vision Fund Loses Money Again

By Bloomberg Markets and Finance
May 11, 2023

SoftBank's Vision Fund Loses Money Again

SoftBank Group Corp.'s Vision Fund investment arm lost money again despite a rebound in tech stocks. Min Jeong Lee reports on Bloomberg Television. more_horizontal


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