Much has been said about the SoftBank Vision Fund, mostly in awe of the size of the investment vehicle. Today, however, the Vision Fund inched yet closer to that twelve-figure goal.
View More SoftBank’s Vision Fund inches closer to $100BCategory: Public Investment Fund of Saudi Arabia
Silicon Valley is waiting for the dust to settle in Saudi Arabia, but other headwinds are picking up
It’s been painful, the silence of Silicon Valley with regards to Saudi Arabia, whose shifting accounts about the murder of journalist Jamal Khashoggi have nearly veered into slapstick. He freely walked out the Saudi consulate in Istanbul. Actually, rogue killers got to him. No, he was in a fist-fight and was subdued to death by Saudi […]
View More Silicon Valley is waiting for the dust to settle in Saudi Arabia, but other headwinds are picking upSaudi ally calls for Uber boycott over response to Khashoggi’s vanishing
Uber is facing calls for a boycott of its app in the Persian Gulf, a region that has poured billions of dollars of investment into the company’s ride-hailing business in recent years: Directly via Saudi Arabia’s Public Investment Fund (PIF) and indirectly because the Saudis are major investors in Softbank’s Vision Fund vehicle, which is another big Uber […]
View More Saudi ally calls for Uber boycott over response to Khashoggi’s vanishingSaudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund
The sovereign fund of Saudi Arabia plans to invest $45 billion into the second SoftBank Vision Fund, two years after putting the same amount into the original $100 billion Vision Fund, Saudi Arabia Crown Price Mohammed bin Salman told Bloomberg in an interview on Friday. When the first Vision Fund was announced, it was by […]
View More Saudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund