Tops In! Softbank Raises $108 Billion For Its Second Delusion Fund

According to WSJ and the FT, despite the Uber IPO’s embarrassing flop, Soft Bank (the largest single backer of Uber; it is reportedly holding on to its shares) has locked down commitments for $108 billion from Microsoft, Apple, Standard Chartered, Goldman Sachs, the sovereign wealth fund of Kazakhstan and an array of other investors – though the Saudis and Emiratis have balked, they’re reportedly still in talks with Soft Bank about a possible commitment.

 

 

 

 

 

 

https://www.zerohedge.com/news/2019-07-26/sign-top-soft-bank-raises-108-billion-second-vision-fund