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Softbank: Twilight of an Empire

The Generalist

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SoftBank's Latin America Fund

In March of that year, SoftBank announced a $5 billion Latin American vehicle named the Innovation Fund. Headed by Marcelo Cloré, the former CEO of Sprint, the division was tasked with finding winners in the emerging market. The group invested in companies like Nubank, Rapi, Kavak, Wala and Kushki. A few months after launching the Latin American initiative, Sun's team announced its next venture iteration.

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