SoftBank Vision Fund lost $32 billion in the financial year ending March as the Japanese investment giant, the most prolific global investor in tech startups, continues to suffer from valuation corrections across its portfolio of private and public tech companies amid a weakening global economy.
The loss surged about 70% from the same period a year prior, when SoftBank had…
This story from techcrunch.com was posted on 2023-05-11 by @sunsetglow.