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SoftBank considers IPO for $100bn Vision Fund

Staff hustles to keep up with frantic pace of deal making by CEO Masayoshi Son

SoftBank Chairman and CEO Masayoshi Son speaks during a joint conference with Toyota in October, 2018. SoftBank may take its $100 billion Vision Fund public.    © Reuters

SoftBank Group Corp. is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size, as it looks to seize on an exploding startup scene, people familiar with the matter said.

More immediately, SoftBank is negotiating with the sultanate of Oman for an investment of several billion dollars in its existing $100 billion Vision Fund, which raised nearly all its cash from Saudi Arabia and Abu Dhabi, the people said.

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