SoftBank's Vision Fund has already committed $65B; Masayoshi Son says that he plans to raise a new $100B fund every two or three years and spend ~$50B per year (Bloomberg)
Bloomberg:
SoftBank's Vision Fund has already committed $65B; Masayoshi Son says that he plans to raise a new $100B fund every two or three years and spend ~$50B per year — The Japanese dealmaker says he'll raise a new $100 billion fund every few years. Silicon Valley's disruptors are struggling to keep up.
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