A acclaimed investor publicized greenbacks today concerning its startup financings, detailing where they excelled and where they struggled. To understanding of we care about this particular investor’s decisions, a bit framework helps.
The investor in question is Japanese telecom monstrous and startup patron SoftBank, which reported its most recently completed fiscal year arises this morning. SoftBank’s financings are famous because of its $100 billion Vision Fund effort, which determined it employed fund to work in a multitude of private fellowships all regions of the world in an vigorous manner.
The information it shared this morning included a slide deck detailing the conglomerate’s consider of the future of unicorn health, and mentions on the conclusion of the SoftBank Vision Fund’s investment into net-new business.
SoftBank’s earnings have reached headlines around the financial and technology press, especially regarding the performance of its investments into Uber, an American ride-hailing company, and WeWork, an American coworking startup. The former’s post-IPO performance has led to a lackluster outcome for SoftBank, while the implosion of WeWork after its failed IPO has continued; SoftBank’s decisions noted a new, lower appraise for WeWork.
The rest of the information painted an image of desegregated sequels, with SoftBank recording earns in enterprise-focused transactions and “Health Tech” assets. Other given areas identified less salubrious ensues, including the three we’ll focus on today: consumer-focused transactions, transit-related assets and real estate-related outlays.
Let’s explore what SoftBank had to say about each. Then we’ll ascertain what we can infer about the broader startup market itself.
SoftBank’s Vision Fund realized big pots into Uber and WeWork, two companies that fit into the sectors we are exploring. To provide investors with precision of its outcomes outside of those two outsized and disturbed gambles, the company broke out sector acts less their outcomes.
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