Tag: SoftBank
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SoftBank Vision Fund Records $32B Loss Due To Startups’ Valuation Decrease!
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SoftBank Vision Fund, the prominent global investor in tech startups, reported a significant loss of $32 billion for the financial year ending in March. This represents a 70% increase in casualties compared to the previous year.
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Fintech Is Put Through The Wringer By Tiger Global And SoftBank
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The recent troubles of fintech investment giants SoftBank and Tiger Global raise questions about the future funding of some of the most valuable fintechs. SoftBank and Tiger Global, known for their open checkbooks and overzealous fintech funding approach, lost billions of dollars as fintech and tech companies have gone under.