What’s going on? SoftBank – a Japanese conglomerate, reported better-than-expected earnings after its investment in DoorDash really delivered. What does that mean? Both the global rally in tech stocks and the booming demand for IPOs has led to SoftBank’s doing well in private investments, leading to a record profit for its Vision Fund – the…
Tag: Vision Fund
Journal Report 6: SoftBank Is Funding Every Side of a Bruising Startup Battle
Introduction In Mexico, for two years, the legendary late-night snack spot El Moro relied on Uber Eats to deliver its churros and hot cocoa to takeout customers across the capital. Then, in late 2018, it dumped Uber for an exclusive deal with rival delivery startup Rappi. The Colombian company offered to make deliveries for 10%…
with HT 