Introducing SoftBank is needless as it turns out to be the backbone for innovative companies across the globe. Being the top venture capital in the world, SoftBank has a very long list of its own business units and portfolio companies. Over and over the years, the Japanese company has been showing immense growth with massive investments in innumerable companies and the launch of new companies.
Foundation And Growth
When Masayoshi Son founded SOFTBANK Corp., in Tokyo in 1981, it was a distributor of packaged software. However, rather than sticking and establishing its name in the sector, the Japanese company focused on growing and expanding beyond borders. Obviously, that is what we can see when we analyze the development of the conglomerate holding company till date. Now, it is spread in diverse sectors. Interestingly, in all sectors, SoftBank is leading.
What is SoftBank Vision Fund?
SoftBank is mostly discussed in this decade for its Vision Fund as it is elevating the concept of the capital investment itself. When SoftBank announced the launching of Vision Fund, it was a forecast for an upcoming technology revolution. Son came up with his 300-year vision for the future. The company's $100 billion investment arm, the Vision Fund – is the biggest tech fund in history.
Throughout these years, many firms benefited from the Vision Fund. The investment is spread into various sectors such as consumer, enterprise, FinTech, FrontierTech, HealthTec, logistics, and many more. Oyo, Brandless, Slack, PayTm, WeWork, Ola, are some of the top portfolio companies of Vision Fund. In 2019, Son rolled out Vision Fund 2 with Apple and Microsoft.
Massive Investments In Developing Regions
Vision Fund as the main source, SoftBank deserves loud applause for its funding in various startups located in Asia, Africa, and Latin America. In 2019 Q3, it had announced a $5 billion investment fund solely for Latin America. Similarly, Vision Fund 2 is going to invest a large amount in startups based in African countries focusing on solar power projects. In Asia, SoftBank has already invested in various startups, and Indian startups have been grabbing a major share of the investments.
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