SoftBank's Vision Fund Planning Writedown of at Least $5 Billion

The transcript discusses the financial challenges faced by SoftBank, focusing on significant losses from investments in companies like Uber and WeWork. It highlights the difficulties in raising a second Vision Fund due to declining valuations and investor hesitance. The discussion also covers the impact on SoftBank's ride-hailing portfolio and critiques its late-stage investment strategy.

What is the significance of the investors Mubadala and Saudi Arabia in the context of the Second Vision Fund?

Discuss the implications of SoftBank's late-stage investments on their overall portfolio.