Sunday, August 28, 2022

The bubble that Masayoshi Son blamed for SoftBank's $23B loss last quarter is one that he helped create through Vision Fund, which distorted the VC market (Max Chafkin/Bloomberg)

Max Chafkin / Bloomberg:
The bubble that Masayoshi Son blamed for SoftBank's $23B loss last quarter is one that he helped create through Vision Fund, which distorted the VC market  —  In retrospect there were reasons to be skeptical of the Vision Fund, the attempt by the Japanese tech conglomerate SoftBank Group Corp …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...