Previously the sole elephant in Asia’s growth-stage technology space, SoftBank’s Vision Fund program is now one of a herd. Prevailing amid increased competition may prove its thesis once and for all. Private Equity partner Douglas Freeman stated that some companies do not want a single investor holding all the power in order to maintain flexibility and leverage while dealing with a dispersed investor base. Read the Asian Venture Capital Journal article here.
In The Press October 12, 2021