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Softbank: Twilight of an Empire

The Generalist

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SoftBank's Return to the Future

In May 2020, SoftBank reported its annual returns for its past fiscal year. The Vision Fund was the clear drag, posting a loss in value of $17.7 billion. Masa Yoshisun had stood atop the largest pile of money a venture capitalist had ever assembled. Now, he was buried beneath it. A new competitive dynamic spurred SoftBank's resurgence.

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