
TOKYO -- SoftBank Group's investment arm plans to double the number of "unicorns" -- private companies valued at $1 billion or more -- in its portfolio within two years, in a show of confidence that it can maintain the blistering pace of investments from the world's biggest technology fund.
But CEO Masayoshi Son, speaking to investors at the group's annual meeting in Tokyo, also sketched out a scenario of lower returns for the Vision Fund than in the past, in a sign that he wants to manage investor expectations as he prepares to tap them for a second $100 billion fund.