Chapter
The Rise and Fall of SoftBank’s Vision Fund
06:10 - 11:28 (05:18)
SoftBank's Vision Fund made headlines when it raised over $100 billion, but its investments led to the fund losing $18 billion in 2019. Despite this, the fund's founder, Masayoshi Son, is known for his courage in taking risks.
Clips
Jack Ma believes that to be successful, you have to be willing to take risks and fail, and that it takes enormous amounts of courage.
06:10 - 07:58 (01:47)
Summary
Jack Ma believes that to be successful, you have to be willing to take risks and fail, and that it takes enormous amounts of courage. Despite his failed attempts in the past, he was able to make a fortune through Alibaba.
ChapterThe Rise and Fall of SoftBank’s Vision Fund
EpisodeE91: SoftBank's $21B+ Vision Fund loss, signals of a bubble, macro picture, Trump raided by FBI
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Saudi Arabia and Abu Dhabi structured their investment into SoftBank's Vision Fund with preferred equity, a form of debt that pays a coupon.
07:58 - 10:18 (02:20)
Summary
Saudi Arabia and Abu Dhabi structured their investment into SoftBank's Vision Fund with preferred equity, a form of debt that pays a coupon. This smart financial strategy ensures that they will make money even if the fund breaks even, and SoftBank has been using derivatives and forward swaps to manage their liquidity.
ChapterThe Rise and Fall of SoftBank’s Vision Fund
EpisodeE91: SoftBank's $21B+ Vision Fund loss, signals of a bubble, macro picture, Trump raided by FBI
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Softbank's Vision Fund suffered losses due to peak decision-making and overvaluing companies.
10:18 - 11:28 (01:10)
Summary
Softbank's Vision Fund suffered losses due to peak decision-making and overvaluing companies. While the company could have made a lot of money if the market continued, taking chips off the table and being mindful of bubbles is critical to avoiding future losses.