LONDON -- SoftBank's Vision Fund has brushed aside concerns about its investment model amid a collapse in tech company valuations that forced WeWork to abandon its planned share offering and continues to hammer other key investments, including Uber.
Rajeev Misra, CEO of Softbank Investment Advisers who leads the Vision Fund, told the Nikkei Asian Review that paying over the odds for tech company investments makes no difference over the long run if they are successful, and denied that the $100 billion Vision Fund had created a tech bubble that may now be deflating.
