SoftBank's $100 billion Vision Fund had a no good, very bad year in 2019, but was still in the black overall. Here's why experts are still struggling to make sense of it
2 days ago - By Business Insider
SoftBank's Vision Fund had a terrible year last year, thanks in large part to the collapse of WeWork.
To a large degree, though, its overall performance since it was established in 2017 is in the eye of the beholder.
Despite last year, the fund was in the black overall at the end of last year, and its performance has improved since then.
But its returns to date have been subpar for the venture industry, and the struggles of WeWork and many of its other investments are a worrying sign, venture experts said.
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