Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second Vision Fund is close to zero, down from $2.8B in 2021 (Financial Times)

Bloomberg:
Filings: Masayoshi Son’s SoftBank stake grew from 32.2% in end-September to 34.2%, up from 26.7% in March 2019, granting additional rights over mergers and more  —  Masayoshi Son has quietly tightened his grip on SoftBank Group Corp. during a tumultuous market downturn …

Bloomberg:
Filings: Masayoshi Son’s SoftBank stake grew from 32.2% in end-September to 34.2%, up from 26.7% in March 2019, granting additional rights over mergers and more  —  Masayoshi Son has quietly tightened his grip on SoftBank Group Corp. during a tumultuous market downturn …

Wataru Suzuki / Nikkei Asia:
SoftBank’s Vision Fund 2 made just one investment in August 2022 and one in September 2022, according to CB Insights, as Masayoshi Son rethinks his strategy  —  The Vision Fund revolutionized startup investing.  So why is Masayoshi Son rethinking his strategy?

Wall Street Journal:
Sources: after its funds performed poorly, SoftBank considers launching a third Vision Fund; Vision Fund 2 is now worth 19% less than the $49B invested  —  Despite massive losses, Japanese billionaire Masayoshi Son has tried to chart a new path for the tech investment giant

Bloomberg:
SoftBank CEO Masayoshi Son plans to visit Seoul for the first time in three years “to discuss a strategic alliance for Arm with Samsung”  —  SoftBank Group Corp.’s Masayoshi Son plans to visit Seoul for the first time in three years and discuss a potential partnership between Arm Ltd. and Samsung Electronics Co.

Bloomberg:
Sources: SoftBank begins laying off Vision Fund employees, with cuts expected to impact over 100 people, or 20%+ of its staff, following massive losses  —  SoftBank Group Corp. has started laying off employees at its loss-making Vision Fund, with cuts expected to exceed 20% of its staff, according to people familiar with the matter.