SoftBank Vision Funds swing to annual loss as investment gains slow by 40%

SoftBank Vision Funds swing to annual loss as investment gains slow by 40%

Softbank's Vision Fund business posted a loss in the fiscal year ended March as it posted slowing gains at its massive tech investment arm.

SoftBank Vision Fund reports annual loss amid market volatility

SoftBank’s Vision Fund on Tuesday posted a loss in the fiscal year that ended in March. The company had incurred a pretax loss of 115.02 billion yen or $777.7 million. On the other hand, it had incurred a profit of 128.2 billion yen in the previous fiscal year. SoftBank said it notched a gain on investment at its Vision Funds of 434.9 billion yen in the fiscal year, a 40% fall from the 724.3 billion yen booked in the previous year. READ: SoftBan…

Venture Capital’s Woes Could Get Worse

The trouble with venture capital is not going away. Since 2022, the total value of venture capital assets under management has been declining while VC funds continue to struggle with exits, more funding rounds are either flat or down from previous ones, and investor anxiety about not receiving expected distributions grows.

SoftBank Vision Fund Faces Annual Loss - PressReach

SoftBank Group’s Vision Fund has reported a significant annual loss, highlighting the challenges faced by technology investors amid fluctuating market conditions. The Vision Fund, once celebrated for its ambitious investments in tech startups, has struggled to maintain its earlier momentum. This downturn is largely attributed to a combination of slowed investment gains and a volatile economic environment. The fiscal year ending in March saw the …

SoftBank seen booking modest fourth-quarter loss as Vision Fund suffers

Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen (S$239.4 million) on Tuesday (May 13) as early-stage tech startups fell out of favour and losses widened at major portfolio firms.