Tag: Vision Fund

SoftBank’s Vision Fund inches closer to $100B

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor The top 10 cities for $100M VC rounds in 2018 so far The SaaS VC gap: China & other markets trail the US Much has been said about the SoftBank Vision

Ex-Facebook exec Kirthiga Reddy becomes first female investor at SoftBank’s Vision Fund

Following speculation that SoftBank is hiring a China-based team, so the Japanese investment giant has brought on a first venture partner (and first female) for its $100 billion Vision Fund. Kirthiga Reddy, a former executive with Facebook, has taken the role and, in doing so, she becomes the first female

NEA spinout NewView Capital raises $1.35B for its debut growth fund

Companies are staying private longer and longer and New Enterprise Associates (NEA) has a new plan to combat the negative implications of the trend. The storied venture capital firm has invested in a spinout fund called NewView Capital and sold 31 of its late-stage portfolio companies to the effort. Former

SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund

SoftBank CEO Masayoshi Son says the company won’t walk away from its existing commitment with the Saudi Arabian royal family — the largest LP in its $100 billion Vision Fund — but the firm will wait on the outcome of an investigation into the death of journalist Jamal Khashoggi before deciding

Silicon Valley’s sovereign wealth problem

John Vrionis Contributor Share on Twitter John Vrionis is the founder of Unusual Ventures. It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US technology sector, the willful ignorance

SoftBank CEO pulls out of speaking at Saudi investment conference

SoftBank Group has become the latest high profile technology business to drop out of an investment conference in Saudi Arabia following the snowballing global outcry over the killing of journalist, Jamal Khashoggi. The Wall Street Journal reports the last minute cancelation by CEO Masayoshi Son of a speaking engagement at the Future

Khashoggi’s fate shows the flip side of the surveillance state

It’s been over five years since NSA whistleblower Edward Snowden lifted the lid on government mass surveillance programs, revealing, in unprecedented detail, quite how deep the rabbit hole goes thanks to the spread of commercial software and connectivity enabling a bottomless intelligence-gathering philosophy of ‘bag it all’. Yet technology’s onward march

Saudi ally calls for Uber boycott over response to Khashoggi’s vanishing

Uber is facing calls for a boycott of its app in the Persian Gulf, a region that has poured billions of dollars of investment into the company’s ride-hailing business in recent years: Directly via Saudi Arabia’s Public Investment Fund (PIF) and indirectly because the Saudis are major investors in Softbank’s Vision Fund

SoftBank is considering taking a majority stake in WeWork

SoftBank may soon own up to 50 percent of WeWork, a well-funded provider of co-working spaces headquartered in New York, according to a new report from The Wall Street Journal. SoftBank is reportedly weighing an investment between $15 billion and $20 billion, which would come from its $92 billion Vision