PB: PE hangs in the balance as recession odds grow
PITCHBOOK writes: Slower growth, higher short-term interest rates, tight labor markets—as one economic indicator after another ...
PITCHBOOK reports:
SoftBank CEO Masayoshi Son seems to have a message for detractors: His strategy of backing billion-dollar startups is working, and the firm is happy to bankroll future investments on its own.
SoftBank has raised the size of Vision Fund 2 to $30 billion, up from $20 billion, and plans to continue self-funding the vehicle. The decision came Wednesday along with the company’s report of a net profit of 5 trillion yen ($46 billion) for the fiscal year ended March 31, ...
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