SoftBank Group Chairman and CEO Masayoshi Son told Nikkei on Thursday that his Japanese tech conglomerate wants to more than double its Vision Fund portfolio to 500 companies, bringing dozens to public markets every year.
The ambition comes despite big gyrations in the values of SoftBank's tech portfolio and shows that Son -- who said his investments took "courage" -- is intensifying his group's focus on using its multibillion dollar Vision Funds to pick new tech winners.
"My focus is completely narrowed down on the Vision Fund," Son said in an interview with Nikkei. SoftBank's two Vision Funds and a Latin America focused fund have invested in about 200 companies. "I am concentrating on increasing this to 300, 400, and 500," Son said. Read more here: [ Ссылка ]
