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October 14, 2016 08:33 am GMT
Softbank has announced it is creating a new global tech investment fund, seeded with $25 billion of its own money. The fund, which will be London, UK based — with a working title of the ‘Softbank Vision Fund’ — is also set to be bolstered with up to $45BN from the public investment fund of Saudi Arabia. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-7CpmdiQb38/
Softbank and Saudi Arabias PIF planning $100BN tech fund
Softbank has announced it is creating a new global tech investment fund, seeded with $25 billion of its own money. The fund, which will be London, UK based — with a working title of the ‘Softbank Vision Fund’ — is also set to be bolstered with up to $45BN from the public investment fund of Saudi Arabia. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/-7CpmdiQb38/
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