SoftBank Vision Fund Swings to Profit

The transcript discusses the Vision Fund's recent activities, highlighting its first investment in a year with $1.6 billion in the June quarter. Despite this, the fund remains cautious due to past setbacks, including the pandemic and tech crackdown in China. SoftBank's CFO emphasized the need to balance investment with caution, reflecting on the challenges faced and the cautious optimism for future investments.

What was the amount invested by the Vision Fund in the June quarter?

• $1.2 billion

• $1.8 billion

• $1.6 billion

• $2.0 billion

How long had it been since the Vision Fund made new investments before the June quarter?

• Six months

• Eighteen months

• Two years

• One year

What was the main concern of SoftBank's CFO regarding their investment strategy?

• Lack of investment opportunities

• Insufficient funds

• Regulatory challenges

• Fear of market volatility

What major events have impacted the Vision Fund's performance?

• Brexit

• US-China trade war

• Pandemic and tech crackdown in China

• Global financial crisis

What metaphor is used to describe the Vision Fund's cautious approach?

• The lion's roar

• The turtle's pace

• The bird head learns best

• The eagle's flight