SoftBankFading Vision? How coronavirus hit SoftBank's $100bn tech fund
Challenges pile up for some portfolio companies after a $16.7bn investment loss
SoftBank Group's Vision Fund, with its portfolio of tech names, is becoming an expensive challenge for CEO Masayoshi Son. (Photo by Ken Kobayshi)
WATARU SUZUKI, Nikkei staff writer
TOKYO -- Investors have been given a glimpse of plunging valuations at some of the world's biggest startups after SoftBank Group admitted the Vision Fund -- its $100bn wrapper of tech investments -- had suffered a 1.8 trillion yen ($16.7 billion) investment loss in the year ended March.