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SoftBank CEO Masayoshi Son plans to visit Seoul for the first time in three years “to discuss a strategic alliance for Arm with Samsung” (Bloomberg)

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.

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)

Financial Times:
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  —  Market crash also wipes out value of Japanese founder’s stake in second Vision Fund  —  Masayoshi Son personally owes SoftBank close …

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 (Wataru Suzuki/Nikkei Asia)

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?

SoftBank, which bought a 10% stake in Twilio competitor Sinch in November 2020, sells its remaining 5% stake; Sinch’s stock has fallen 93% since September 2021 (Anton Wilen/Bloomberg)

Anton Wilen / Bloomberg:
SoftBank, which bought a 10% stake in Twilio competitor Sinch in November 2020, sells its remaining 5% stake; Sinch’s stock has fallen 93% since September 2021  —  Japanese investor SoftBank Group Corp has sold its entire stake in Sinch AB following a share price collapse of more than 90% in the Swedish cloud-based platform provider.

General Atlantic to buy out SoftBank’s entire 15% stake in game-based online learning service Kahoot for about $152M; SoftBank spent $215M+ for the stake (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
General Atlantic to buy out SoftBank’s entire 15% stake in game-based online learning service Kahoot for about $152M; SoftBank spent $215M+ for the stake  —  SoftBank’s retreat from its past investing exuberance continues apace.  This morning, Kahoot, the Norwegian startup that provides …