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Meta's text-to-video tool, Zuck's grand plan, Vision Fund to cut staff 30% + $WBD lawsuit | E1573
This Week in Startups
Is Soft Bank Going to Cut 30 % of the Vision Fund?
Soft bank is reportedy planning to cut at least 30 % of thet head count of the vision fund. Soft bank itself posted at losses of 15 billion and 23 billion in the last two quarters, respectively. The most talented people from those can't get jobs at google or facebook go work at a start-up company. Those folks prefer being at a small company that gets richer on consolidation.
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