The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another start-up fund as one of several possible priorities for the money, said the people. It's not yet clear how much capital Son would want to inject into a third fund, they said. The first Vision Fund was slightly less than $100 billion with outside investors, such as Saudi Arabia's Public Investment Fund, while the second has over $40 billion and was solely financed by SoftBank.
A SoftBank spokesman did not comment.
This story is from the September 15, 2022 edition of Business Standard.
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This story is from the September 15, 2022 edition of Business Standard.
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