*Rough* math is that the $60 billion in Vision Fund common is down roughly 12% or $8 billion given a 7% guaranteed return to the $40 billion in preferred *depending* on timing/mechanics of capital calls. The Nasdaq is up ~50% over the same time frame.https://www.wsj.com/articles/softbank-expects-nearly-17-billion-loss-on-tech-focused-vision-fund-11586781142 …
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Of course.
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And that’s why he was able to raise a $100B. But look at the sheer volume of crap they invested in, many won’t recover and he’s not VC laying 100 bets hoping 5-10 pay off.
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That and he's a sales grandmaster. Elon level. Where do I find the full list? Was it him or the Indian guy he tapped as his successor doing this investments. Agree with you, from what I saw, they are beat.
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made it back? The alibaba bet was a lucky thing for him. Pure luck. Thts what made him all the losses. So don't say he would make it back. He is a total clown who was just lucky to make bank on alibaba in 90s
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I don't know at what valuations these investments were made but its nothing to sneeze at: Uber Tokopedia Slack Yahoo Japan GrabTaxi Coupang Kabbage OpenDoor Didi Cruise Ola
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