Vision Software, a subsidiary of Japan Software Bank Group, has invested in 30 companies including Uber, NVIDIA and Flipkart since it completed its first round of major investments in May 2017. Chief Executive Rajeev Misra said the Vision Fund targets to invest in Up to 70 to 100. According to CNBC reports, the latest financial data of Softbank show that about 100% of Vision Fund funds have been deployed about 1/3 of the Misra stressed that the vision of the Fund's strengths is to have an ecosystem, and this ecosystem has an index Effect, through the ecosystem, Softbank can attempt to look at the viability of investment-linked enterprises and introduce new business models to new markets. External Criticism Vision Fund Increasing the valuation of private technology companies may affect the investment of some venture capitalists But Misra said vision funds have an extreme symbiotic relationship with venture capitalists and provide liquidity to early stage investors in tech start-ups Misra notes that while Vision Foundation invests primarily in business, Exit venture capital firm in the hands of the acquisition of shares on the operation of the vision fund, the Wall Street Journal (WSJ) pointed out that under normal circumstances, Masayoshi Son, president of the Softbank Group, decided to make its own decision to skip the investment team of Softbank and Vision Fund, which reported that Sun Zhengyi launched Vision Fund in 2017. Vision Fund has its own investment committee, Including Masayoshi Son, etc. The boundaries between SoftBank and Vision Fund are not clear enough, SoftBank's role should be to provide advice and manage the fund, and SoftBank must provide at least $ 100 million to the Vision Fund, but the Vision Fund will also Sent to the Softbank Board of Review. Informed sources said that in order to speed up the investment speed, Sun Zhengyi sometimes decide to trade, and then the case to the Investment Committee for approval.For example, the investment by Softbank Uber has not been approved by the Vision Fund Committee, but Softbank Has already said it plans to include Uber's investment in the fund project, while Mr Son's investment strategy seems sometimes methodical and sometimes casual and intuitive: for example, Son took only 30 minutes to invest in Plenty, an agricultural start-up in San Francisco In some cases, it is willing to spend time writing Slight analysis of the report, with hundreds of pages of documents trying to persuade the board.Technology and finance many people think that the new Unicorn business will begin to slow down, Softbank at this stage is 900 billion US dollars into the many people think it has been overheated However, Sun's goal is to invest in unicorns and market leaders, watching the high growth prospects of these enterprises, as well as have the key force to promote change, will help Softbank Group continued to grow 300. ARM Chief Executive Simon Segars said outsiders may consider Mr Sun's risk to be too high for investment moves, but history shows that Mr Justice Sun often makes more than correct decisions.
