Last 7 days, SoftBank Team Corp. — Masayoshi Son’s holding corporation for his quickly expanding assortment of companies — reported its fiscal yr financials. There were being some key headlines that came out of the information, together with that the company’s Vision Fund appears to be undertaking very effectively and that SoftBank intends to raise its stake in Yahoo Japan.
Now that the dust has settled a little bit, I needed to dive into all eighty webpages of the complete money outcomes to see what else we can find out about the conglomerate’s tactic and potential.
The Vision Fund is just dominating the financials
We discuss incessantly about the Vision Fund in this article at TechCrunch, primarily for the reason that the fund looks to be investing in each individual startup that generates revenue and walks up and down Sand Hill on the lookout for cash. For the duration of the last fiscal yr ending March thirty first, the fund added 36 new investments and arrived at 69 lively holdings. The complete invested cash was a staggering $60.one billion.