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RIP Softbank Vision Fund 2.0

Feels like the hinky stuff going on in the Gulf ought to be a bigger part of some of these stories than it is. The flood of oil money seeking something, anything, to be spent on seems to be drying up a bit.

Delaying IPO buys some time for Sofbank. IPO with low valuation forces huge write-down for SoftBank. Now they can still pretend.

I suspect that SoftBank & Saudi money will be the biggest casualty of current tech boom. They just throw money around.

In a world awash with negative interest rate investments, even loss-making enterprises are worthwhile. This may be the natural glide path at the end of growth: redistribution.

They can't really pretend.

I doubt legally they can do it, and no ones going to be taken in by it, it just casts doubt on all the other investments by Softbank.

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