Final week, SoftBank Group Corp. — Masayoshi Son’s holding firm for his rapidly increasing collection of businesses — reported its fiscal yr financials. There have been some major headlines that got here out of the information, including that the company’s Vision Fund appears to be doing quite well and that SoftBank intends to increase its stake in Yahoo Japan.
Now that the mud has settled a bit, I needed to dive into all 80 pages of the full financial results to see what else we will study concerning the conglomerate’s strategy and future.
The Vision Fund is simply dominating the financials
We speak incessantly concerning the Vision Fund right here at TechCrunch, principally as a result of the fund seems to be investing in each startup that generates income and walks up and down Sand Hill in search of capital. Over the past fiscal yr ending March 31st, the fund added 36 new investments and reached 69 lively holdings. The full invested capital was a staggering $60.1 billion.