SAN FRANCISCO: Japan-based SoftBank is sending tremors through the tech world with a massive new venture capital fund for investing in startups that’s expected to dominate the industry so thoroughly it’s playfully referred to as a “gorilla.”
The Vision Fund’s $100 billion coffers nearly equals the total amount pumped into venture capital-backed companies last year, according to market intelligence firm CB Insights, and some say it may be a game-changer for Silicon Valley.
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