Data Visualization

SoftBank Vision Fund Dashboard

May 12, 2022
Facing chaos in the markets, SoftBank is going on the defensive.

CEO Masayoshi Son said the firm could invest less than half of the $46.6 billion it deployed last fiscal year through its Vision Fund portfolio.

The shift follows a quarterly loss of 1.71 trillion yen (about $13.3 billion), which was worse than the performance SoftBank recorded following the onset of the pandemic and a sharp reversal from bumper returns in 2021.

Meanwhile, the Vision Fund portfolio led by Rajeev Misra has taken on ever-greater importance, representing 49% of SoftBank's holdings. Much of the Vision Fund's success last year relied on the IPOs of holdings that have since cratered in value, including Korean ecommerce leader Coupang and food delivery specialist DoorDash

The Latin America funds have been folded into the Vision Fund following the departure of Marcelo Claure, the charismatic leader of SoftBank's efforts in the region.

 

Featured image by NurPhoto/Getty Images

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