You are here

SoftBank's US$100b tech fund rankles VCs as valuations soar

Venture firms are fretting that the Japanese company will snatch away the most promising deals

San Francisco

EARLIER this month SoftBank led a US$502 million investment in a London-based virtual reality startup called Improbable Worlds. Less than two years ago, the startup was worth about US$100 million. Then SoftBank came along, and suddenly it was worth 10 times that. Overnight,

sentifi.com

Market voices on:

Powered by GET.comGetCom