not vested
If You Can’t Be a Venture Capitalist, Buy One
The Vision Fund was established in 2017 and operated by Japanese telecommunications company SoftBank Group Corp. (OTCMKTS: SFTBY). It accounts for about $28 billion of the fund’s $100 billion anticipated war chest.
SoftBank’s CEO, Masayoshi Son, made a bet on Alibaba when the company was just a year old. SoftBank’s stake in that company is now worth over $100 billion. That and an early investment in Yahoo! Japan have helped provide SoftBank an average annual return of 44% on its investments over the last 18 years.
You might have guessed by now that it was SoftBank who also made a big investment in India’s Flipkart, as we mentioned above. Not just Flipkart, but each of the five pre-IPO companies we looked at are in Vision Fund’s portfolio, along with a dozen other up-and-coming companies so far.
SoftBank is your entry point in the world of venture capitalism, so you can enjoy watching the next rocket stock take off knowing that your portfolio is going along for the ride.
Source: Money Morning
http://dailytradealert.com/2018/02/03/g ... takes-off/