2min chapter

Acquired cover image

Season 2, Episode 4: SoftBank, Fortress and the Vision Fund

Acquired

CHAPTER

What Happens to the 60 Eight Unicorn?

The model for the vision fund is ali baba. They invested in the year two thousand, they invested 20 millions and the company then didn't go public until 20 14. So all of that value creation happened privately. It's like they're playing the venture game, where there's a power law, but they're doing it at this enormous scale. But the downsight is, like all the companies that aren't at the top of the power law, i think what you're saying is, like, what happens to them?

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