SoftBank Said to Cut Valuation of IPO-Bound Oyo

SoftBank reported a significant quarterly loss of over $20 billion at its Vision Fund unit, marking down 284 companies in its portfolio, including private firms like Ohio. The lack of detailed breakdowns has led to speculation, but reports indicate a significant markdown for OU, initially valued at $9-10 billion. This situation is problematic for OU, drawing comparisons to WeWork, as many private companies face valuation declines. OU is preparing for a public offering, targeting a $5 billion valuation, contingent on market performance and investor interest.

What was the reported loss of SoftBank's Vision Fund for the June quarter?

• Over $10 billion

• Over $15 billion

• Over $20 billion

• Over $25 billion

How many companies did SoftBank mark down in its portfolio?

• 484 companies

• 184 companies

• 284 companies

• 384 companies

What was Ohio's initial reported value before the markdown?

• $7-8 billion

• $5-6 billion

• $9-10 billion

• $11-12 billion

What is Ohio's potential valuation as it prepares to go public?

• $6 billion

• $5 billion

• $4 billion

• $3 billion

What factor will influence Ohio's valuation as it goes public?

• Location of headquarters

• Number of employees

• Company's revenue

• Market performance