Archive: masayoshi son
Angel Insider: SoftBank Warns Investors About Startup Winter
By Early Investing on August 23, 2022
SoftBank is worried. Earlier this month, SoftBank founder and chief executive Masayoshi Son said unicorn founders are refusing to accept lower valuations in fresh funding rounds. As a result, “startup winter” — or the funding crunch startups are currently facing in the venture capital world — is likely to continue. There’s more than a little irony in this situation. SoftBank is known for pioneering a funding practice of writing…
While VCs Struggle, Crowdfunders Are Coming Out on Top
By Andy Gordon on June 8, 2022
2022 has not been kind to SoftBank CEO Masayoshi Son. He’s calling it a “technology winter.” And the numbers are certainly chilling for Son. SoftBank’s Vision Fund lost 2.64 trillion yen ($20.5 billion) for the year ending March 31. The previous year, it had made a…
SoftBank Is No Longer Getting a Pass
By Andy Gordon on January 8, 2020
SoftBank has a history of writing big checks for flawed startups. And it doesn’t seem to have learned its lesson.