Technology
SoftBank reports a Q3 loss of ~$5B for its Vision Fund, its fourth straight quarterly loss, and investments of less than $350M in only a few startups (Bloomberg)
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Bloomberg:
SoftBank reports a Q3 loss of ~$5B for its Vision Fund, its fourth straight quarterly loss, and investments of less than $350M in only a few startups — SoftBank Group Corp.’s startup investment unit reported another quarterly loss, hurt by sluggish valuations throughout the technology landscape.
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